Cahill Represents Underwriters in a $6 Billion Notes Offering for VMware, Inc.
Date: 08/02/21
Cahill represented the underwriters in connection with a public offering of $1,000,000,000 aggregate principal amount of 0.600% senior notes due 2023, $1,250,000,000 aggregate principal amount of 1.000% senior notes due 2024, $1,500,000,000 aggregate principal amount of 1.400% senior notes due 2026, $750,000,000 aggregate principal amount of 1.800% senior notes due 2028 and $1,500,000,000 aggregate principal amount of 2.200% senior notes due 2031 by VMware, Inc. Proceeds from the offering are expected to be used to fund a dividend in connection with the Spin-Off of VMware, Inc. from Dell Technologies, Inc. and general corporate purposes. VMware offers a breadth of digital solutions that powers apps, services, and experiences which enable organizations to deliver the best customer service and empower employees.