Davis Polk advised Texas Instruments Incorporated on its SEC-registered debt offering of $500 million aggregate principal amount of notes consisting of 0.875% notes due 2017 and 2.750% notes due 2021. The offering was made through an underwriting syndicate led by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Mizuho Securities USA Inc. 

Texas Instruments designs and makes semiconductors that it sells to electronics designers and manufacturers all over the world. It began operations in 1930 and has design, manufacturing or sales operations in 35 countries.  

The Davis Polk corporate team included partner Bruce K. Dallas and associate Jeffrey Hedrick. Partner Rachel D. Kleinberg and associate Catherine Paskoff Chang provided tax advice. All members of the Davis Polk team are based in the Menlo Park office.