NXP Semiconductors Announces Redemption of 4.125% Senior Notes Due 2021 and 4.625% Senior Notes Due 2022

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EINDHOVEN, The Netherlands, Sept. 09, 2020 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ: NXPI) through its subsidiaries NXP B.V. and NXP Funding LLC, delivered notice on September 9, 2020 to the Trustee of its 4.125% Senior Notes due 2021 and 4.625% Senior Notes due 2022 that it will fully redeem on September 28, 2020, the $400 million of outstanding principal of the 4.625% Senior Notes due 2022 and the $1.35 billion of outstanding principal of the 4.125% Senior Notes due 2021 (the “Note Redemption”).

Article from: http://www.globenewswire.com/news-release/2020/09/09/2091281/0/en/NXP-Semiconductors-Announces-Redemption-of-4-125-Senior-Notes-Due-2021-and-4-625-Senior-Notes-Due-2022.html