Home Investment Products Debt / Bonds NXP Sells $2 Billion of Debt to Fund Power-Saving Semiconductors – BloombergQuint

NXP Sells $2 Billion of Debt to Fund Power-Saving Semiconductors – BloombergQuint

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NXP Sells $2 Billion of Debt to Fund Power-Saving Semiconductors – BloombergQuint

The chipmaker issued bonds in two components, in keeping with an individual with information of the matter, who requested to not be recognized as the main points are personal. The longer portion of the deal, a 20-year safety, yields 1.15 share factors above Treasuries, down from the initially focused 1.5% premium, the particular person stated. That equates to about 3.30%.

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