Latham & Watkins Represents KLA Corporation in US$750 Million Senior Notes Offering

On February 1, 2024, KLA Corporation, an equipment and services company that enables innovation throughout the electronics industry, closed a public offering of US$500 million aggregate principal amount of 4.700% Senior Notes due 2034 and US$250 million aggregate principal amount of 4.950% Senior Notes due 2052. The 2052 Notes are an additional issuance of the company’s 4.950% Senior Notes due 2052 which were issued in June 2022 (also represented by Latham). The 2034 Notes mature on February 1, 2034 and the 2052 Notes mature on July 15, 2052.

Latham & Watkins LLP represented KLA Corporation in the offering with a capital markets team led by Washington, D.C. partners Julia Thompson, Jason Licht, and Chuck Cassidy, with associates Gary DePalo and Mari Gonzalez. Advice was also provided on tax matters by Century City partner Ana O’Brien and Los Angeles partner Eric Cho, with associate Ryan Brenner.