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Texas Instruments Announces Proposed Offering Of Senior Notes - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Texas Instruments Inc. (TXN) announced it has proposed to offer, subject to market and other considerations, approximately $1.0 billion of senior unsecured notes. The company expects to use the net proceeds of the offering for repayment of outstanding debt.

Actual terms of the notes, including interest rate, principal amount, redemption provisions and maturity, will depend on market conditions at the time of pricing, the company said.

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