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Prospect News home > News index > List of issuers T > Headlines for Tenders 2012 > News item
Published on 2/13/2012 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

NXP to use $475 million loan offering to refinance notes due 2015

By Tali David

Minneapolis, Feb. 13 - NXP Semiconductors NV announced that its subsidiary, NXP BV, plans to use the proceeds from its $475 million secured loan to refinance the redemption of a portion of its 8 5/8% euro-denominated senior notes and 9½% dollar-denominated senior notes due October 2015, according to a company news release.

The issuer is a semiconductor company based in Eindhoven, the Netherlands.


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