DALLAS, Aug. 10,
2022 /PRNewswire/ -- Texas Instruments Incorporated
(TI) (Nasdaq: TXN) today announced the pricing of two series of
senior unsecured notes for an aggregate principal amount of
$700 million. The notes consist of
- $400 million of 3.650% senior
unsecured notes due August 16, 2032;
- $300 million of 4.100% senior
unsecured notes due August 16,
TI expects to use the net proceeds of this offering for general
corporate purposes. The offering is expected to close on
August 16, 2022.
BofA Securities, Inc.; Citigroup Global Markets Inc.; and U.S.
Bancorp Investments, Inc. are serving as joint book-running
managers for the offering.
The offering of the notes is made only by means of a prospectus
and a related prospectus supplement, copies of which may be
obtained for free by visiting EDGAR on the Securities and Exchange
Commission website at www.sec.gov or, in the alternative,
from BofA Securities, Inc., Attention: Prospectus Department,
NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, North Carolina 28255, or by email
at firstname.lastname@example.org, or by calling (800) 294-1322;
Citigroup Global Markets Inc., c/o Broadridge Financial Solutions,
1155 Long Island Avenue, Edgewood, New
York 11717, or by email at email@example.com, or by
calling (800) 831-9146; or U.S. Bancorp Investments, Inc., 214 N.
Tryon Street, 26th Floor,
Charlotte, North Carolina 28202,
or by calling (877) 558-2607.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the notes or any other
securities, nor will there be any sale of the notes or any other
securities in any state or jurisdiction in which such an offer,
solicitation or sale is not permitted.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global
semiconductor company that designs, manufactures, tests and sells
analog and embedded processing chips for markets such as
industrial, automotive, personal electronics, communications
equipment and enterprise systems. Our passion to create a better
world by making electronics more affordable through semiconductors
is alive today, as each generation of innovation builds upon the
last to make our technology smaller, more efficient, more reliable
and more affordable – making it possible for semiconductors to go
into electronics everywhere. We think of this as Engineering
Progress. It's what we do and have been doing for decades.
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SOURCE Texas Instruments Incorporated