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NXP Announces Launch of Senior Unsecured Notes Offering

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NOT FOR DISTRIBUTION IN ITALY EINDHOVEN, Netherlands, May 18, 2016 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) (together with its subsidiaries, “NXP”) announced today that its subsidiaries NXP B.V. and NXP Funding LLC intend to offer senior unsecured notes due 2021 (the “2021 Notes”) and senior unsecured notes due 2023 (the “2023 Notes”, together with the 2021 Notes, the “Notes”) in a total aggregate principal amount of $1,000 million pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The Notes will be fully and unconditionally guaranteed, jointly and severally, on a senior basis by certain of NXP’s wholly-owned...

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