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The Firm represented NXP B.V. and NXP Funding LLC in connection with a Rule 144A and Regulation S offering of $1 billion of 3.875% Senior Notes due 2022. NXP intends to use the net proceeds from the offering of the Notes, together with cash on hand, to redeem the remaining $960 million aggregate principal amount of its outstanding senior secured notes due 2022 and to pay for certain costs and expenses related thereto.

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); and Jonathan Cantor and Joseph Tootle (Tax).