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Texas Instruments prices $2B debt offering to finance Silicon Labs acquisition (TXN:NASDAQ)

Texas Instruments World Headquarters

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  • Texas Instruments (TXN) has priced four series of senior unsecured notes totaling $2B to help finance its acquisition of Silicon Laboratories (SLAB).
  • The offering comprises $500M of notes due November 9, 2028, carrying a 5.000% interest rate; $500M due November 9, 2031, at 5.350%; $500M due November 9, 2033, at 5.500%; and $500M
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