New York, October 29, 2015 -- Moody's Investors Service ("Moody's") rated NXP B.V.'s ("NXP") new senior secured term loan ("New Term Loan") at Ba1 and placed all of the ratings of NXP and NXP Semiconductors N.V. ("NXP Semiconductors") on review for upgrade. Ratings placed on review for upgrade include the Ba2 Corporate Family Rating ("CFR") , the Ba1 rating on the New Term Loan and all other instrument ratings. Proceeds of the New Term Loan, along with existing cash balances and proceeds from the sale of NXP's RF Power Business to JianGuang Asset Management Company ("JAC Capital") will be used to refinance existing debt and to fund the cash portion of NXP Semiconductors' purchase of Freescale Semiconductor Ltd. (the "Acquisition").

Vollständigen Artikel bei Moodys lesen