The Firm represented NXP B.V. and NXP Funding LLC in connection with their offering of $500 million of 3.5% senior unsecured notes due 2016. The proceeds of the offering were used to refinance outstanding indebtedness.
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. NXP is a global semiconductor company with operations in more than 25 countries.
The Simpson Thacher team included Mark Brod and Adam Wollstein (Capital Markets); and Sean Fitzgerald (Tax).