Renesas Electronics Completes $1.35 Billion Senior Notes Offering
12.13.21
This is only gets display when printing
Simpson Thacher recently represented Renesas Electronics Corporation (“Renesas”) in connection with a Rule 144A/Regulation S offering of US$500 million aggregate principal amount of 1.543% Senior Green Notes due 2024 (the “Green Notes”) and US$850 million aggregate principal amount of 2.17% Senior Notes due 2026. Renesas intends to allocate an amount equal to the net proceeds from the sale of the Green Notes to finance or refinance, in whole or in part, existing and future qualifying environmentally-related projects under the Green Bond Framework adopted by Renesas.
Renesas delivers complete semiconductor solutions and is a global leader in microcontrollers, analog, power and SoC products for a broad range of automotive, industrial, infrastructure and IoT applications.
The Simpson Thacher team included Taki Saito and Lowell Battles (Capital Markets); and Jon Cantor and Preston Irace (Tax).