SOURCE: NXP Semiconductors

NXP Semiconductors

April 16, 2010 17:13 ET

NXP Files Registration Statement With the SEC for a Potential Initial Public Offering

Proceeds From Offering to Improve NXP's Capital Structure and Reduce Interest Expenses

EINDHOVEN, NETHERLANDS--(Marketwire - April 16, 2010) -  NXP B.V. today announced that its holding company, which will be converted into a public company and named NXP Semiconductors N.V., has filed a registration statement with the Securities and Exchange Commission in the United States for a potential initial public offering of its common stock. Bookrunners (in alphabetical order):

Credit Suisse   Goldman, Sachs & Co.   Morgan Stanley
   BofA Merrill Lynch    Barclays Capital  

The number of shares to be sold and the price range for the proposed offering have not yet been determined.

A registration statement relating to these securities has been filed today with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. A copy of the prospectus relating to these securities may be obtained, when available, from: Credit Suisse Securities (USA) LLC, One Madison Avenue, 1B, New York, NY 10010, United States, Attention: Prospectus Department, Phone: +1-800-221-1037; Goldman, Sachs & Co., 200 West Street, New York, NY 10282, United States, Attention: Prospectus Department, Phone: +1-866-471-2526, Fax: +1-212-902-9316; and Morgan Stanley & Co. Incorporated, 180 Varick Street, New York, NY 10014, Attention: Prospectus Department, Phone: +1-866-718-1649

About NXP Semiconductors
NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. Headquartered in Europe, the company has about 27,000 employees working in more than 25 countries and posted sales of USD 3.8 billion in 2009.

Forward-looking Statements
This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of NXP and certain plans and objectives of NXP with respect to these items. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

Contact Information

  • For further information, please contact:

    Media:
    Lieke de Jong-Tops
    Email Contact
    Tel. +31 40 27 25202

    Investors:
    Albert Hollema
    Email Contact
    +31 40 27 25610