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NXP Semiconductors to redeem 3¾% senior notes due 2018 on April 9
New York, March 9 – NXP Semiconductors NV said that its subsidiaries NXP BV and NXP Funding LLC will redeem their $750 million of 3¾% senior notes due 2018 on April 9.
Funding for the redemption will come from cash on the balance sheet, according to a news release.
NXP is an Eindhoven, Netherlands maker of chips for secure connectivity.
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