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NXP secures $250M EIB loan to expand Malaysia back-end ops

NXP Semiconductors announced a $250.0 million unsecured senior loan facility with the European Investment Bank to fund expansion of its assembly and test (back-end) operations in Kuala Lumpur, Malaysia.

NXPI

NXP Semiconductors announced a $250.0 million unsecured senior loan facility with the European Investment Bank to fund the expansion of its assembly and test (back-end) operations in Kuala Lumpur, Malaysia.

The facility permits borrowings in U.S.

Dollars or Euros at fixed or floating rates, with pr…