Texas Instruments prices $700M senior note offering
Texas Instruments (NASDAQ:TXN) on Wednesday priced 2 series of senior unsecured notes for $700M.
The notes consist ofÂ $400M of 3.65% senior notes due Aug. 16, 2032; and $300M of 4.1% seniorÂ notes due Aug. 16, 2052.
TXN expects to use the net proceeds for general corporate purposes.
The offering is expected to close on Aug. 16.