0
Wireless

Qualcomm prices USD 11 bln worth of new debt

Monday 22 May 2017 | 09:46 CET | News
Qualcomm said it has priced offerings of senior unsecured notes worth a total of USD 11.0 billion. Qualcomm intends to use the proceeds to fund part of its planned acquisition of NXP Semiconductors, as well as for general corporate purposes. The issue is expected to close on or about 26 May, subject to the usual closing conditions. Goldman Sachs, JP Morgan, Merrill Lynch, Pierce, Fenner & Smith, Barclays, Citigroup and Deutsche Bank will act as joint book-running managers.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: NXP Semiconductors / Qualcomm
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Qualcomm again extends bid for NXP, to 20 Oct

Published 25 Sep 2017 08:21 CET | World
Qualcomm has again extended its bid for NXP Semiconductors, until 20 October. The deal was announced in October 2016. As of 21 ...

NXP lifts profit in Q2, bolstered by historic highs at Automotive

Published 03 Aug 2017 17:54 CET | World
NXP Semiconductors reported revenues of USD 2.21 billion in the second quarter, down 7 percent from the year before and flat ...

Qualcomm results fall as Apple withholds royalties

Published 20 Jul 2017 08:23 CET | World
Qualcomm reported lower results for its fiscal third quarter to June, hurt by its dispute over licensing payments from Apple. ...

Qualcomm verlengt bod op NXP

Published 30 Jun 2017 09:25 CET | Netherlands
Qualcomm verlengt het bod op het Nederlandse NXP omdat er nog te weinig interesse zou zijn bij beleggers. De Amerikaanse ...

EU launches in-depth probe into Qualcomm takeover of NXP

Published 12 Jun 2017 08:59 CET | Europe
The European Commission has opened an in-depth investigation into Qualcomm's proposed acquisition of Netherlands-based NXP ...

Qualcomm to acquire NXP Semiconductors for USD 47 bln

Published 27 Oct 2016 13:27 CET | World
Qualcomm has agreed to buy NXP Semiconductors for USD 47 billion, strengthening its position in the wireless market and creating ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
::: More Calendar Items