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Freescale Announces Senior Secured Notes Offering



  Freescale Announces Senior Secured Notes Offering

Business Wire

AUSTIN, Texas -- October 28, 2013

Freescale Semiconductor, Ltd. (NYSE:FSL) announced today that Freescale
Semiconductor, Inc. ("Freescale"), its wholly owned indirect subsidiary, plans
to offer, subject to market and other conditions, $500 million aggregate
principal amount of senior secured notes (the "Notes") to extend a portion of
its debt maturities and reduce its interest expense.

Freescale intends to use the net proceeds from the offering of the Notes to
redeem a portion of its outstanding 9¼% Senior Secured Notes due 2018 in
accordance with the indenture governing those notes and to pay the related
premium and fees. The foregoing does not constitute a notice of redemption for
any outstanding notes. The Notes will not be registered under the Securities
Act of 1933, as amended (the "Securities Act"), or any state securities law
and may not be offered or sold in the United States absent registration or an
applicable exemption from registration under the Securities Act and applicable
state securities laws. The Notes will be offered in the United States only to
qualified institutional buyers under Rule 144A of the Securities Act and
outside the United States under Regulation S of the Securities Act.

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy any securities, nor shall there be any sale of securities
in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
any such jurisdiction.

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. These statements relate
to the closing of the Notes offering, the anticipated issuance of the Notes by
Freescale, the redemption of certain senior secured notes and other statements
that are not historical fact. 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. Actual results and trends in
the future may differ materially from those suggested or implied by the
forward-looking statements depending on a variety of factors. Some of these
factors include market conditions, customary closing conditions and such other
risk factors as may be discussed in Freescale Semiconductor, Ltd.'s filings
with the Securities and Exchange Commission. 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., Reg. U.S. Pat. & Tm Off. All other product or service names are the
property of their respective owners. © 2013 Freescale Semiconductor, Inc.

Contact:

Freescale Semiconductor
Investor Contact:
Mitch Haws, 512-895-2454
mitch.haws@freescale.com
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