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IT

Infineon raises USD 1.3 billion in private placement to repay loans for Cypress acquisition

Friday 9 April 2021 | 09:53 CET | News
German semiconductor manufacturer Infineon Technologies said it has raised USD 1.3 billion though a private placement. The company will use the proceeds to repay existing loans signed with banks relating to the acquisition of Cypress Semiconductor.

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Categories: IT
Companies: Cypress Semiconductor / Infineon
Countries: World
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