Cahill Represents J.P.Morgan and Morgan Stanley in NXP's Completed Debt-for-Debt Exchange Offer
Date: 04/02/09
Cahill represented J.P.Morgan and Morgan Stanley as dealer managers in connection with NXP B.V.'s execution of private bond exchange offers where NXP exchanged portions of five series of its outstanding secured and unsecured debt securities for new secured, shorter-term euro and US dollar-denominated 10.0% super priority notes due 2013. The completed debt restructuring transaction reduced NXP's overall indebtedness by approximately $465 million.