NXP Semiconductors (NXPI) has secured a EUR 1B loan from the European Investment Bank to advance the company’s RDI investments across its broad portfolio of semiconductor solutions. The EUR 1B loan facility carries an approximate interest rate of 4.75% when drawn in dollar denominated tranches, under the current market conditions and has a duration of six years. The financing will support NXP’s research and development efforts in several EU Member States, implemented in its facilities in Austria, France, Germany, the Netherlands and Romania for the period up to 2026. The investment will contribute to building a European chip ecosystem, in-line with the EU Chips Act, the Dutch Semicon Valley and the National Technology Strategy of the Netherlands’ Government, whose scope is to strengthen the semiconductor market in the EU to ensure a secure and competitive supply of chips. Apart from the pure research and development of new power electronics devices, microprocessors and microcontrollers, NXP will also focus on the energy efficiency of its devices.
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