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Texas Instruments prices $1.2 billion of investment grade notes
2025-05-21 05:51
- Texas Instruments (NASDAQ:TXN) announced on Tuesday the pricing of two series of senior unsecured notes for an aggregate principal amount of $1.2 billion.
- The notes consist of the following: $550M of 4.500% senior unsecured notes due May 23, 2030; and $650M of 5.100% senior unsecured notes due May 23, 2035.
- TI expects to use the net proceeds of this offering for general corporate purposes. The offering is expected to close on May 23, 2025.
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