Dallas, October 26, 2026 /PRNewswire/ — Texas Instruments Incorporated (TI, Nasdaq: TXN) today announced the pricing of four series of senior unsecured notes with an aggregate principal amount of $2 billion.
The above bills include:
- Senior unsecured notes with a principal amount of $500 million, a coupon rate of 5.000%, maturing on November 9, 2028;
- Senior unsecured notes with a principal amount of $500 million, a coupon rate of 5.350%, maturing on November 9, 2031;
- Senior unsecured notes with a principal amount of $500 million, a coupon rate of 5.500%, maturing on November 9, 2033; and
- Senior unsecured notes with a principal amount of $500 million, a coupon rate of 5.750%, maturing on November 9, 2036.
These notes are expected to be issued on November 9, 2026.
Texas Instruments expects to use the proceeds from this offering to pay part of the purchase price for the acquisition of Silicon Laboratories Inc., as well as related fees and expenses.
J.P. Morgan Securities LLC, Citigroup Global Markets Inc., BofA Securities, Inc., and U.S. Bancorp Investments, Inc. are serving as joint book-running managers for this offering. Barclays Capital Inc., Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, and MUFG Securities Americas Inc. are also serving as book-running managers. Goldman Sachs & Co. LLC is serving as co-manager.
This offering of notes is made solely by means of the prospectus and related prospectus supplements. The related documents may be obtained free of charge through the EDGAR system on the U.S. Securities and Exchange Commission website at www.sec.gov, or by contacting: J.P. Morgan Securities LLC (c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: [email protected] and [email protected]); Citigroup Global Markets Inc. (toll-free: 1-800-831-9146); BofA Securities, Inc. (toll-free: 1-800-294-1322); or U.S. Bancorp Investments, Inc. (toll-free: 1-877-558-2607).
This press release does not constitute an offer to sell the aforementioned notes or any other securities, nor an invitation to buy the aforementioned notes or any other securities; no such offering will be made in any state or jurisdiction where such offers, invitations, or sales are prohibited.
About Texas Instruments
Texas Instruments (NASDAQ: TXN) is a global semiconductor company that designs, manufactures, and sells analog and embedded processing chips for markets including industrial, automotive, data centers, personal electronics, and communications equipment. The company states that its core mission is to create a better world by making electronics more affordable through semiconductors. With each generation of innovation, its technology has become more reliable, cost-effective, and power-efficient, enabling semiconductors to be widely used in a variety of electronic devices.
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