Texas Instruments prices $1.4B debt offering
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Semiconductor firm Texas Instruments (NASDAQ:TXN) announced on Wednesday the pricing of its $1.4B debt offering.
The offering comprises two series of senior unsecured notes: $750M of 4.900% senior unsecured notes due March 14, 2033 and $650M of 5.000% senior unsecured notes due March 14, 2053.
Net proceeds of this offering will be used for general corporate purposes.
The offering is expected to close on March 14, 2023.

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