Brief: STMicroelectronics Prices $1.5 Billion Dual-Tranche Offering Of New Convertible Bonds
BRIEF-STMicroelectronics Prices $1.5 Billion Dual-Tranche Offering Of New Convertible Bonds June 16 (Reuters) - STMicroelectronics NV STMPA.PA:
STMICROELECTRONICS PRICES A US$1.5 BILLION DUAL-TRANCHE OFFERING OF NEW CONVERTIBLE BONDS
ISSUES TWO TRANCHES: US$750 MILLION DUE 2031, US$750 MILLION DUE 2033
SETTLEMENT OF NEW CONVERTIBLE BONDS EXPECTED ON JUNE 23, 2026
PROCEEDS TO FUND GENERAL PURPOSES AND EARLY REDEMPTION OF US$750 MILLION 2027 BONDS
Source text: ID:nGNE651lKs
Further company coverage: STMPA.PA
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