NXP Semiconductors Draws USD 300 Million Under Its Revolving Credit Facility

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Wed Jun 24, 2009 4:32am EDT

EINDHOVEN, Netherlands--(Business Wire)--
NXP Semiconductors today announced that it has received USD 300 million by
drawing under its available revolving credit facility. 

Karl-Henrik Sundström, Chief Financial Officer of NXP, said today: 

"We have drawn USD 300 million under our revolving credit facility. This is a
proactive financial decision to further strengthen our solid liquidity
position." 

On May 31, NXP`s cash position amounted to USD 1,136 million. 

About NXP Semiconductors

NXP is a leading semiconductor company founded by Philips more than 50 years
ago. Headquartered in Europe, the company has about 28,000 employees working in
more than 30 countries and posted sales of USD 5.4 billion (including the Mobile
& Personal business) in 2008. NXP creates semiconductors, system solutions and
software that deliver better sensory experiences in TVs, set-top boxes,
identification applications, mobile phones, cars and a wide range of other
electronic devices. News from NXP is located at www.nxp.com. 



NXP Semiconductors
Lieke de Jong-Tops, +31-40-27-25202 (Media)
lieke.de.jong-tops@nxp.com
Jan Maarten Ingen Housz, +31-40-27-28685 (Investors)
janmaarten.ingen.housz@nxp.com



Copyright Business Wire 2009

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