Freescale calls $100 million more 8.05% senior notes due 2020 at par

By Susanna Moon

Chicago, Oct. 10 – Freescale Semiconductor, Inc., a wholly owned indirect subsidiary of Freescale Semiconductor, Ltd., plans to redeem another $100 million of its 8.05% senior notes due 2020, according to an 8-K filing with the Securities and Exchange Commission.

The company will pay par plus accrued interest to the redemption date of Nov. 10.

The notes will be redeemed in amounts of $2,000 or whole multiples of $1,000 after that, with a minimum amount of $2,000.

The company said on Aug. 29 that it planned to redeem $100 million of the 8.05% notes at par plus accrued interest on Sept. 29.

Freescale is an Austin, Texas-based semiconductor and microelectronics company.

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