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STMPA STMicroelectronics NV News Story

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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

- 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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