Press release
Texas Instruments prices $1.5 billion of investment grade notes
DALLAS, Sept. 7, 2021 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced the pricing of three series of senior unsecured notes
About this update from Texas Instruments Incorporated
[{"type":"text","content":"DALLAS, Sept. 7, 2021 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $1.5 billion. The notes consist of the following: \n$500 million of 1.125% senior unsecured notes due September 15, 2026; $500 million of 1.900% senior unsecured notes due September 15, 2031; and $500 million of 2.700% senior unsecured notes due September 15, 2051.TI expects to use the net proceeds of this offering for general corporate purposes. The offering is expected to close on September 15, 2021.\nBarclays Capital Inc.; J.P. Morgan Securities LLC; MUFG Securities Americas Inc.; BofA Securities, Inc.; Citigroup Global Markets Inc.; Mizuho Securities USA LLC; and Morgan Stanley & Co. LLC are serving as joint book-running managers for the offering.\nThe 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 Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by email at [email protected], or by calling (888) 603-5847; J.P. Morgan Securities LLC, Investment Grade Syndicate Desk, 383 Madison Avenue, New York, New York 10179, or by calling (212) 834-4533; MUFG Securities Americas Inc., Attention: Capital Markets Group, 1221 Avenue of the Americas, 6th Floor, New York, New York 10020, or by calling (877) 649-6848; BofA Securities, Inc., Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, North Carolina 28255, or by email at [email protected], 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 protected], or by calling (800) 831-9146; Mizuho Securities USA LLC, Attention: Debt Capital Markets, 1271 Avenue of the Americas, 3rd Floor, New York, New York 10020, or by calling (866) 271-7403; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by calling (866) 718-1649.\nThis news release does not constitute an offer to sell or a so...