debt
confidence high
sentiment neutral
materiality 0.60
NXP enters €640M EIB loan facility and establishes $2B commercial paper program
NXP Semiconductors N.V.
- NXP B.V. entered €640M unsecured loan with European Investment Bank; proceeds for R&D in Europe.
- Established $2B unsecured commercial paper program; net proceeds for general corporate purposes.
- EIB loan can be EUR or USD, fixed/floating, max 6-year tenor; guaranteed by NXP Semiconductors N.V. and two subsidiaries.
- CP notes mature within 397 days; no notes were issued as of the filing date.