Davis Polk – IBM $1 Billion Notes Offering

Davis Polk advised underwriters represented by BNP Paribas Securities Corp., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and UBS Securities LLC in connection with a public offering by International Business Machines Corporation of $1 billion principal amount of its 1.875% notes due 2022.

The Davis Polk team included partner Alan Dean and associate Eilleen J. Park. Partner Michael Mollerus and associate Ethan R. Goldman provided tax advice. Kristyn M. Dunleavy was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.

www.davispolk.com