Texas Instruments prices $1.3 billion of investment grade notes
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星期一, 四月 30, 2018
DALLAS, April 30, 2018 /PRNewswire/ --Texas Instruments Incorporated (TI) (NASDAQ: TXN) today announced the pricing of $1.3 billion of 4.150% senior unsecured notes due May 15, 2048.
Key Points:
- DALLAS, April 30, 2018 /PRNewswire/ --Texas Instruments Incorporated (TI) (NASDAQ: TXN) today announced the pricing of $1.3 billion of 4.150% senior unsecured notes due May 15, 2048.
- TI expects to use the net proceeds of this offering for general corporate purposes, including to replenish cash on hand following the repayment at maturity of $500 million principal amount of TI's 1.00% Notes due May 1, 2018.The offering is expected to close on May 7, 2018.
- Citigroup Global Markets Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and MUFG Securities Americas Inc. are serving as joint book-running managers for the offering.
- Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors.By employing the world's brightest minds, TI creates innovations that shape the future of technology.TI is helping approximately 100,000 customers transform the future, today.