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Freescale Announces Allocations of Proposed New Senior Secured Term Loan Facility

  Freescale Announces Allocations of Proposed New Senior Secured Term Loan
  Facility

Business Wire

AUSTIN, Texas -- February 8, 2013

Freescale Semiconductor, Inc. (“Freescale”), a wholly owned subsidiary of
Freescale Semiconductor, Ltd. (NYSE:FSL), announced today that Freescale has
been advised by the lead arranger under its proposed new senior secured term
loan facility that the arrangers have received sufficient orders to allocate
and close the proposed new term loan facility. The proposed new term loan
facility reduces indebtedness currently due in 2016 and extends to 2020 the
maturities of our indebtedness currently due in 2019 and a portion of our
indebtedness currently due in 2016. The proposed new term loan facility
provides for two term loan tranches in an aggregate principal amount of
approximately $2,741,000,000, consisting of a $350,000,000 term loan that will
mature in December 2016 and a $2,391,000,000 term loan that will mature in
March 2020. The maturity of the 2020 term loan may be accelerated to December
2017 under specified circumstances. The $350,000,000 term loan is expected to
bear interest at a rate equal to LIBOR plus 3.25% (with LIBOR of not less than
1.00%), and the $2,391,000,000 term loan is expected to bear interest at a
rate equal to LIBOR plus 3.75% (with LIBOR of not less than 1.25%). The
closing of the proposed new term loan facility, which is expected to occur on
March 1, 2013, is subject to customary conditions, and there can be no
assurance that Freescale will be successful in obtaining the proposed new term
loan facility on reasonably acceptable terms, or at all.

Cautionary Note Regarding Forward Looking Statements

This press release includes forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 relating to the proposed
new term loan facility. Although we believe the assumptions upon which these
forward-looking statements are based are reasonable, any of these assumptions
could prove to be inaccurate and the forward-looking statements based on these
assumptions could be incorrect. The closing of the proposed new term loan
facility is subject to customary conditions and involves risks and
uncertainties, many of which are outside our control, and any one of which, or
a combination of which, could materially affect our ability to enter into the
term loan facility described above. Some of these risks and uncertainties
include general economic, political and business conditions, uncertainty in
the credit markets, unwillingness of lenders to fund commitments associated
with the new term loan facility as well as other matters described under "Risk
Factors" in our Annual Report on Form 10-K and other filings with the SEC. We
undertake no obligation to update any information contained in this press
release.

About Freescale Semiconductor

Freescale Semiconductor (NYSE:FSL) is a global leader in embedded processing
solutions, providing industry leading products that are advancing the
automotive, consumer, industrial and networking markets. From microprocessors
and microcontrollers to sensors, analog integrated circuits and connectivity –
our technologies are the foundation for the innovations that make our world
greener, safer, healthier and more connected. Some of our key applications and
end-markets include automotive safety, hybrid and all-electric vehicles, next
generation wireless infrastructure, smart energy management, portable medical
devices, consumer appliances and smart mobile devices. The company is based in
Austin, Texas, and has design, research and development, manufacturing and
sales operations around the world.www.freescale.com

Freescale and the Freescale logo are trademarks of Freescale Semiconductor,
Inc. All other product or service names are the property of their respective
owners. © Freescale Semiconductor, Inc. 2013.

Contact:

Freescale Semiconductor, Inc.
Investor Contact:
Mitch Haws, 512-895-2454
mitch.haws@freescale.com
or
Media Contact:
Rob Hatley, 512-996-5134
robert.hatley@freescale.com