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The €1 billion EIB loan will help fuel NXP’s research, development, and innovation (RDI) in Austria, France, Germany, The Netherlands and Romania.
January 16, 2025
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the European Investment Bank (EIB) to advance the company’s RDI investments across its broad portfolio of semiconductor solutions. The €1 billion loan facility carries an approximate interest rate of 4.75 percent when drawn in dollar denominated tranches, under the current market conditions and has a duration of six years. The financing will support NXP’s research and development efforts in several EU Member States, ...
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