Davis Polk advised underwriters represented by Deutsche Bank AG, London Branch, Goldman, Sachs & Co., Société Générale and UniCredit Bank AG in connection with a public offering by International Business Machines Corporation of €1.5 billion principal amount of its 1.875% notes due 2020 and €1 billion principal amount of its 2.875% notes due 2025.

The Davis Polk team included partner Alan Dean and associates Roshni S. Banker and Jeannette K. Safi. Partner Michael Mollerus and associate Ethan R. Goldman provided tax advice. Rosemarie Melendez was the legal assistant on the transaction. Members of the Davis Polk team are based in the New York and Paris offices.