Intel Corporation’s $8.0 Billion Senior Notes Offering

Davis Polk advised the joint book-running managers in connection with the debt offering, while Gibson, Dunn & Crutcher advised Intel Corporation.

The offering consisted of $1.5 billion aggregate principal amount of 3.400% senior notes due 2025, $1.0 billion aggregate principal amount of 3.750% senior notes due 2027, $1.5 billion aggregate principal amount of 3.900% senior notes due 2030, $750 million aggregate principal amount of 4.600% senior notes due 2040, $2.25 billion aggregate principal amount of 4.750% senior notes due 2050 and $1.0 billion aggregate principal amount of 4.950% senior notes due 2060.

BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acted as joint book-running managers for the offering.

Intel is a world leader in the design and manufacturing of essential technologies that power the cloud and an increasingly smart, connected world.

Gibson, Dunn & Crutcher advised Intel Corporation in the debt offering.

The Davis Polk corporate team advising the joint book-running managers included partner Alan F. Denenberg (Picture) and counsel Jeffrey Gould. Partner Rachel D. Kleinberg and associate Adam R. Brownstone provided tax advice. Associate Jennifer Leather provided intellectual property advice.

Involved fees earner: Adam Brownstone – Davis Polk & Wardwell; Alan Denenberg – Davis Polk & Wardwell; Jeffrey Gould – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; Jennifer Leather – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; Goldman Sachs & Co.; J.P. Morgan Securities LLC;

Author: Ambrogio Visconti