NXP Semiconductors Announces Pricing of Senior Unsecured Notes Offering

Core Points - NXP Semiconductors N.V. announced the pricing of an offering of senior unsecured notes totaling $1.5 billion, consisting of three tranches: $500 million of 4.300% notes due 2028, $300 million of 4.850% notes due 2032, and $700 million of 5.250% notes due 2035 [1][2][3] Group 1: Offering Details - The notes will be fully and unconditionally guaranteed by NXP Semiconductors N.V. and will be structurally subordinated to the liabilities of NXP's other subsidiaries [2] - The issuance of the notes is expected to close on or around August 19, 2025, subject to customary closing conditions [2] - Proceeds from the offering will be used to redeem $500 million of 5.350% senior unsecured notes due 2026 and $750 million of 3.875% senior unsecured notes due 2026, along with related costs [3] Group 2: Underwriters - Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, PNC Capital Markets LLC, and UBS Investment Bank are acting as joint book-running managers for the offering [4] Group 3: Company Overview - NXP Semiconductors N.V. is a key player in the automotive, industrial & IoT, mobile, and communications infrastructure markets, with operations in over 30 countries and reported revenue of $12.61 billion in 2024 [10]