Simpson Thacher Represents NXP Semiconductors in Cash Tender Offer
06.08.09
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Simpson Thacher is representing NXP Semiconductors, the independent semiconductor company founded by Philips, in connection with its cash tender offer, which commenced on June 4, 2009. The cash tender offer's early tender date is scheduled for June 17, 2009, and its expiration date for July 1, 2009. The offer is being undertaken to reduce NXP Semiconductors’ overall indebtedness and related interest expense.
The Simpson Thacher team includes Nick Shaw, Marina Lin, Wim De Vlieger (Capital Markets); Meredith Jones and Seojung Park (Tax), with valuable advice from John Lobrano in New York. The London paralegal team provided valuable assistance.