Texas Instruments raises $1.6B through investment grade notes
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Texas Instruments Incorporated (NASDAQ:TXN) has priced $1.6B of senior unsecured notes in three series of senior.
The notes comprises of the following:

$200M of 4.600% senior unsecured notes due February 15, 2028;
$200M of 4.900% senior unsecured notes due March 14, 2033;
$1.2B of 5.050% senior unsecured notes due May 18, 2063.

The 4.600% notes due 2028 and the 4.900% notes due 2033 is an addition to the company's previously issued $500M of 4.600% notes due 2028 on November 18, 2022, and the $750M of 4.900% notes due 2033 issued on March 14, 2023.
The company expects to use the net proceeds for general corporate purposes.
The offering is expected to close on May 18, 2023.