Mergers & Acquisitions
Aug. 10, 2012
Davis Polk helps Texas Instruments calculate debt deal
The Dallas-headquartered tech giant recently offered $1.5 billion in debt, which follows the $3.5 billion of bonds it sold May of last year.
Daily Journal Staff Writer
In its second such offering in the past two years, Dallas-headquartered semiconductor giant Texas Instruments Inc. announced July 30 the pricing of a $1.5 billion debt offering, punching in low interest rates on funds to be repaid over the next seven years.
The company offered two series of senior unsecured notes, $750 million at 0.45 percent due 2015 and $750 million at 1.65 percent due 2019. It s...
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