Texas Instruments raises $800M through investment grade notes
Texas Instruments Incorporated (NASDAQ:TXN) has priced the offering ofÂ $800M senior unsecured notes in two series.
Consisting of $300M of 4.700% senior unsecured notes due November 18, 2024 and $500M of 4.600% senior unsecured notes due February 15, 2028.  Net proceeds will be used for general corporate purposes.
The offering is expected to close on November 18, 2022.
Shares slipped more thanÂ 6%Â over a period of one year.
Read the recent analysis on the stock here.