Qualcomm’s $1.5 Billion Notes Offering

Cravath represented Qualcomm, while Davis Polk advised the representatives of the several underwriters in the offering.

Qualcomm Incorporated executed its offering of $500 million aggregate principal amount of 4.250% notes due 2032 and $1 billion aggregate principal amount of 4.500% notes due 2052.

BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, Loop Capital Markets LLC, SMBC Nikko Securities America, Inc., U.S. Bancorp Investments, Inc., ?Academy Securities, Inc., Samuel A. Ramirez & Company, Inc., and Siebert Williams Shank & Co., LLC acted as underwriters for the offering.

Qualcomm Incorporated is the world’s leading wireless technology innovator and the driving force behind the development, launch and expansion of 5G. When Qualcomm connected the phone to the internet, the mobile revolution was born. Today, their foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone.

The Davis Polk capital markets team included partner Derek Dostal (Picture), counsel Jennifer Ying Lan and associate Rachel Jang. The tax team included counsel Tracy L. Matlock and associate Constance Zhang. Counsel David A. Zilberberg provided environmental advice. Partner David R. Bauer and associates Samantha Lefland and Alexis N. Wallace provided intellectual property advice. 

The Cravath team included partner D. Scott Bennett and associates Courtney T. Seager and Victoria M. Stringfellow on capital markets matters, and partner Arvind Ravichandran on tax matters. Jamie H. Lee also worked on tax matters.

Involved fees earner: Scott Bennett – Cravath Swaine & Moore; Arvind Ravichandran – Cravath Swaine & Moore; Courtney Seager – Cravath Swaine & Moore; Victoria Stringfellow – Cravath Swaine & Moore; David Bauer – Davis Polk & Wardwell; Derek Dostal – Davis Polk & Wardwell; Rachel Jang – Davis Polk & Wardwell; Samantha Lefland – Davis Polk & Wardwell; Tracy Matlock – Davis Polk & Wardwell; Alexis Wallace – Davis Polk & Wardwell; Jennifer Ying Lan – Davis Polk & Wardwell; Constance Zhang – Davis Polk & Wardwell; David Zilberberg – Davis Polk & Wardwell;

Law Firms: Cravath Swaine & Moore; Davis Polk & Wardwell;

Clients: Academy Securities; Barclays Capital ; BNP Paribas Securities; Citigroup Global Markets Ltd; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities; Goldman Sachs & Co.; J.P. Morgan Securities LLC; Loop Capital Markets; Mizuho Securities; Morgan Stanley; Qualcomm Incorporated; Samuel A. Ramirez & Company, Inc.; Siebert Williams Shank & Co. LLC; SMBC Nikko Securities America; U.S. Bancorp Investments;