Skip To The Main Content

News & Events

Matter Highlights Go Back

NXP Semiconductors Completes $500 Million Senior Notes Offering

08.02.16

The Firm represented NXP B.V. and NXP Funding LLC in connection with a Rule 144A and Regulation S offering of $500 million of 4.125% Senior Notes due 2021. NXP intends to use the net proceeds from the offering to repay $200 million aggregate principal amount of its outstanding senior notes due 2016 and use the remainder of the proceeds for general corporate purposes.

NXP Semiconductors N.V. (NASDAQ: NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 44,000 employees in more than 35 countries.

The Simpson Thacher team included Nick Shaw, Wim De Vlieger, Aled Knights and Jakob Egle (Capital Markets); Linn Mayhew (Credit); and Jonathan Cantor and Joseph Tootle (Tax).