DALLAS, Nov. 15,
2022 /PRNewswire/ -- Texas Instruments Incorporated
(TI) (Nasdaq: TXN) today announced the pricing of two series of
senior unsecured notes for an aggregate principal amount of
$800 million. The notes consist of
- $300 million of 4.700% senior
unsecured notes due November 18,
- $500 million of 4.600% senior
unsecured notes due February 15,
TI expects to use the net proceeds of this offering for general
corporate purposes. The offering is expected to close on
November 18, 2022.
J.P. Morgan Securities LLC; Mizuho Securities USA LLC; and Morgan Stanley & Co. LLC are
serving as joint book-running managers for the offering.
The offering of the notes is made only by means of a prospectus
and a related prospectus supplement, copies of which may be
obtained for free by visiting EDGAR on the Securities and Exchange
Commission website at www.sec.gov or, in the alternative, from J.P.
Morgan Securities LLC, 383 Madison Avenue, New York, New York 10179, Attention:
Investment Grade Syndicate Desk, by phone: (212) 834-4533
(collect); Mizuho Securities USA
LLC, Attention: Debt Capital Markets, 1271 Avenue of the Americas,
3rd Floor, New York, New York
10020, by toll-free phone: (866) 271-7403; or Morgan Stanley &
Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd
Floor, New York, New York 10014,
by phone: (866) 718-1649.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the notes or any other
securities, nor will there be any sale of the notes or any other
securities in any state or jurisdiction in which such an offer,
solicitation or sale is not permitted.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global
semiconductor company that designs, manufactures, tests and sells
analog and embedded processing chips for markets such as
industrial, automotive, personal electronics, communications
equipment and enterprise systems. Our passion to create a better
world by making electronics more affordable through semiconductors
is alive today, as each generation of innovation builds upon the
last to make our technology smaller, more efficient, more reliable
and more affordable – making it possible for semiconductors to go
into electronics everywhere. We think of this as Engineering
Progress. It's what we do and have been doing for decades.
View original content to download
SOURCE Texas Instruments Incorporated