Simpson Thacher Represents NXP Semiconductors in its Private Debt Exchange Offers
04.03.09
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Simpson Thacher represents NXP Semiconductors, the independent semiconductor company founded by Philips, in connection with its private debt exchange offers. The exchange offers, which commenced on March 3, 2009, expired on March 30, 2009 and were settled on April 2, 2009. As a result of the exchange offers, NXP Semiconductors’ overall indebtedness was reduced by approximately $465 million.
The Simpson Thacher attorneys representing NXP Semiconductors include Nick Shaw, Marina Lin, Wim De Vlieger, Susanne Lenz, Brad Wilson (Capital Markets); Meredith Jones and Seojung Park (Tax); Mark Thompson (Restructuring); Tom Rice, Bryce Friedman and David Tejtel (Litigation). The London paralegal team also provided valuable assistance.