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Company’s financial leverage is expected be reduced to 1.5x on a pro forma basis.
February 10, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
NXP Semiconductors N.V., through its subsidiaries NXP B.V. and NXP Funding LLC, delivered notice on Feb. 7, 2017 that it will pre-pay (i) all of its outstanding floating-rate term loan due March 2017 (Term Loan E) in an aggregate principal amount of $388 million; (ii) all its outstanding floating-rate term loan due January 2020 (Term Loan D) in an aggregate principal amount of $387 million; and (iii) all its outstanding floating-rate term loan due December 2020 (Term Loan F) in an aggregate prin...
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