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Freescale Semiconductor Announces Increase of New Term Loan Facility from $300 million to $800 million

2013-09-09 07:00:00| Freescale Press Releases

AUSTIN, Texas--(BUSINESS WIRE)--Sep. 9, 2013-- Freescale Semiconductor, Inc. (Freescale), a wholly owned subsidiary of Freescale Semiconductor, Ltd. (NYSE:FSL), announced today that Freescale has been advised by the arrangers under its proposed new senior secured term loan facility that they have received sufficient orders to upsize the proposed new term loan facility to $800 million from the original $300 million proposed at the outset of the offering. The proceeds from the proposed new term loan facility are intended to be used to redeem, repurchase or otherwise acquire all of Freescales outstanding 10% senior secured notes due 2018 and a portion of its 9% senior secured notes due 2018, and to pay related redemption premiums and fees. Freescale will pay for a portion of its expenses with cash on hand. The foregoing does not constitute a notice of redemption for any outstanding notes. The purposes of the transaction and the application of the proceeds are to extend a portion of For more information click on title.

Tags: to term increase million

 

Cosucra to build new units at Warcoing pea protein facility in Belgium

2013-09-09 01:00:00| Food Processing Technology

Cosucra, a Belgian group specialising in nutritional ingredients, is set to invest 30m for the construction of new units at its pea protein manufacturing facility in Warcoing, Belgium.

Tags: build units facility belgium

 
 

Hotpack Packaging to open integrated manufacturing facility in Dubai

2013-09-09 01:00:00| Packaging Gateway

Dubai-based disposable food packaging materials manufacturer Hotpack Packaging will open an AED100m ($27m) integrated manufacturing and logistics complex in Dubai Investments Park, Jebel Ali.

Tags: open manufacturing integrated facility

 

Nestlé's Wagner Frozen Pizza Facility Expansion, Otzenhausen

2013-09-09 01:00:00| Food Processing Technology

Nestlé Wagner opened a new frozen pizza manufacturing facility at Wagner's plant in Nonnweiler in Otzenhausen, Germany, in August 2013.

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Juniper GTL to invest $100M to retrofit plant to new small-scale GTL facility in Louisiana

2013-09-07 17:30:18| Green Car Congress

Tags: plant facility louisiana invest

 

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