Davis Polk advised the managers of the Rule 144A/Regulation S offering by NXP B.V. and NXP Funding LLC of $600 million principal amount of 4.125% senior notes due 2020 and $400 million principal amount of 4.625% senior notes due 2022. The notes are guaranteed on a senior unsecured basis by certain of NXP B.V.’s wholly-owned subsidiaries located in the Netherlands and the United States.   

NXP provides leading high-performance mixed-signal and standard product solutions that leverage its deep application insight and technology and manufacturing expertise in radio frequency, analog, power management, interface, security and digital processing products. Its product solutions are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. Headquartered in Eindhoven, the Netherlands, the company has approximately 27,880 employees working in more than 20 countries.  

The Davis Polk corporate team included partners Paul E. Kumleben and James A. Florack, counsel Amy T. Alter and associates Leo Borchardt and Andrew Rowe. Counsel Alon Gurfinkel and associate Lena X. Qiu provided tax advice. Members of the Davis Polk team are based in the London, Paris and New York offices. 

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