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Texas Instruments Prices $1.2 Billion of Investment Grade Notes
- On May 20, 2025, Texas Instruments revealed the terms for two tranches of unsecured senior notes totaling $1.2 billion in Dallas.
- The offering follows TI's strategy to support corporate operations, with the closing expected on May 23, 2025, and involves $550 million notes due in 2030.
- TI, a global semiconductor company, designs and manufactures analog and embedded processing chips used in markets like industrial and communications equipment.
- TI is driven by a commitment to improve the world by enhancing the accessibility of electronics through advances in semiconductor technology, demonstrating its dedication to continuous innovation.
- The proceeds will fund general corporate purposes, potentially supporting TI's efforts to deliver more reliable, affordable, and lower power semiconductor technology.
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Mason City Globe Gazette+32 Reposted by 32 other sources
Texas Instruments prices $1.2 billion of investment grade notes
DALLAS, May 20, 2025 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $1.2 billion. The notes consist of the following:
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