NXP Announces Early Tender Results of the Tender Offer for 9

NXP Announces Early Tender Results of the Tender Offer for 9 3/4%
Senior Secured Notes Due 2018 
EINDHOVEN, THE NETHERLANDS -- (Marketwire) -- 11/14/12 --  NOT FOR
DISTRIBUTION IN ITALY -- NXP Semiconductors N.V. (NASDAQ: NXPI)
(together with its subsidiaries, "NXP") today announced the early
tender results of the previously announced tender offer (the "Tender
Offer") by NXP B.V. for up to $500 million in cash of outstanding
U.S. dollar-denominated 9 3/4% Senior Secured Notes due 2018 (the
"Notes"), jointly and severally issued by NXP B.V. and NXP Funding
LLC. The purpose of the Tender Offer is to allow NXP to lower its
interest cost and to extend the maturity profile of its debt. NXP
expects to use funds raised in the debt securities or term loan
markets to fund the purchase of the Notes in the Tender Offer. 
The table below sets forth the results of the Tender Offer for the
Notes, according to information provided by Deutsche Bank Trust
Company Americas (the "Tender Agent"), as of the early tender
deadline of 5:00 p.m., New York City time, on November 9, 2012. As
the aggregate principal amount of the Notes tendered exceeds the $500
million maximum tender amount, the amount of Notes, if any, that will
be accepted for purchase will be prorated pursuant to the terms of
the offer to purchase dated October 24, 2012 (the "Offer to
Purchase") and the related letter of transmittal (the "Letter of
Transmittal"). 


 
                   Title of                                                 
                    Notes       Outstanding                     Approximate 
                     to be       Principal    Amount of Notes  Percentage of
   CUSIP/ISIN      tendered        Amount         Tendered    Notes Tendered
---------------- ------------ --------------- --------------- --------------
N65965 AN0/         9 3/4%                                                  
USN65965AN07        Senior                                                  
                    Secured   $922,470,000.00 $678,020,000.00     73.50%    
                   Notes due                                                
                     2018                                                   
62947Q AK4/                                                                 
US62947QAK40 

 
Expiration Deadline. The Tender Offer expires at 11:59 p.m., New York
City time, on November 26, 2012. The early tender deadline, which was
also the withdrawal deadline, has passed. As a result, validly
tendered Notes may no longer be withdrawn or revoked. Holders who
validly tender additional Notes prior to the expiration time will
receive $1,142.50 per $1,000 principal amount of such Notes tendered
and accepted for purchase, plus accrued and unpaid interest, and will
be subject to proration. 
Terms and Conditions. The Tender Offer is subject to the satisfaction
or waiver of certain terms and conditions, including the Financing
Condition. The terms and conditions of the Tender Offer, including
the Financing Condition and the proration described above, can be
found in the Offer to Purchase and the related Letter of Transmittal. 
Additional Information. Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Deutsche Bank Securities Inc. and Goldman, Sachs & Co.
are serving together as the dealer managers in connection with the
Tender Offer (the "Dealer Managers"). D.F. King & Co., Inc. is
serving as information agent for the Tender Offer (the "Information
Agent"). Deutsche Bank Trust Company Americas is serving as the
Tender Agent. Any questions or requests for assistance or additional
copies of the Offer to Purchase and the Letter of Transmittal may be
directed to the Dealer Managers, the Information Agent or the Tender
Agent. You may also contact your broker, dealer, commercial bank or
trust company or other nominee for assistance concerning the Offer.
Any required documents should be sent or delivered by each holder or
its broker, dealer, commercial bank, trust company or other nominee
to the Tender Agent at the addresses set forth on the back cover of
the Offer to Purchase. None of NXP, NXP B.V., the Dealer Managers,
the Information Agent, the Tender Agent, the trustee for the Notes or
any of their affiliates are making any recommendations to holders of
Notes as to whether to tender or refrain from tendering their Notes
in the Tender Offer. Holders of Notes must decide how many Notes they
will tender, if any. 
Qualification. This announcement is neither an offer to purchase nor
the solicitation of an offer to sell any of the securities described
herein. No offer shall be made in any jurisdiction where such offer
or purchase would be unlawful. Holders should seek their own advice
based on their particular circumstances from an independent adviser.
The offer is made only by, and pursuant to, the terms set forth in
the Offer to Purchase and the Letter of Transmittal, and the
information in this press release is qualified by reference thereto. 
Forward-Looking Statements 
This document includes forward-looking statements which include
statements regarding NXP's business strategy, financial condition,
results of operations and market data, as well as other statements
that are not historical facts. By their nature, forward-looking
statements are subject to numerous factors, risks and uncertainties
that could cause actual outcomes and results to be materially
different from those projected. Readers are cautioned not to place
undue reliance on these forward-looking statements. Except for any
ongoing obligation to disclose material information as required by
the United States federal securities laws, NXP does not have any
intention or obligation to publicly update or revise any
forward-looking statements after NXP distributes this document,
whether to reflect any future events or circumstances or otherwise.
For a discussion of potential risks and uncertainties, please refer
to the risk factors listed in NXP's SEC filings. Copies of NXP's SEC
filings are available from the SEC website, www.sec.gov. 
About NXP Semiconductors 
NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance
Mixed Signal and Standard Product solutions that leverage its leading
RF, Analog, Power Management, Interface, Security and Digital
Processing expertise. These innovations are used in a wide range of
automotive, identification, wireless infrastructure, lighting,
industrial, mobile, consumer and computing applications. NXP is a
global semiconductor company with operations in more than 25
countries. 
For further information, please contact: 
The Dealer Managers 
BofA Merrill Lynch
 One Bryant Park
 New York, New York 10036  
Attn: Debt Advisory 
 Collect: +1 (646) 855-3401
 Toll-free: +1 (888)
292-0070  
Deutsche Bank Securities Inc.
 60 Wall Street, 2nd Floor
 New York,
New York 10005
 Attn: Liability Management Group
 Collect: +1 (212)
250-7527
 Toll-free: +1 (855) 287-1922 
Goldman, Sachs & Co.
 200 West Street
 New York, NY 10282
 Attn:
Liability Management Group
 Collect: +1 (800) 828-3182
 Toll-free: +1
(212) 902-5183 
The Tender Agent 
Deutsche Bank Trust Company Americas 
 DB Services Americas, Inc.  
MS JCK01-D218 
 5022 Gate Parkway, Suite 200 
 Jacksonville, FL 32256 
United States of America 
 Attention: Reorganization Unit 
 Tel:
+1-800-735-7777, Option 1 
 Email: db.reorg@db.com  
The Information Agent 
D.F. King & Co., Inc.
 48 Wall Street, 22nd Floor
 New York, NY
100
05
 Tel: +1 (212) 269-5550
 Toll-free: +1 (800) 207-3158
 E-mail:
NXP@dfking.com  
For questions to NXP, please contact:
Investors
Jeff Palmer
jeff.palmer@nxp.com 
+1 408 518 5411 
Media
Lieke de Jong-Tops
lieke.de.jong-tops@nxp.com 
+31(0)40 272 5202 
 
 
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