Flexible Electronics News

Nexperia Secures $800 Million in Financing to Fund Future Growth Plans

The company recently made a significant expansion to its Guangdong Assembly and Test Facility in China.

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By: Anthony Locicero

Copy editor, New York Post

Nexperia announced the successful completion of a refinancing of its current facilities with $800 million equivalent of senior credit facilities. This includes a significant proportion of Revolving Credit facility. The proceeds will be used to refinance existing outstanding debt and for Capex expenditure to fund future growth. The facilities were arranged by Bank of America Merrill Lynch and HSBC, acting as Global Coordinators, and were syndicated by a group of nine global banks. The refinanc...

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