8-K
Featured
Impact 6/10
Debt Issuance
$TXN · TEXAS INSTRUMENTS INC
Summary
On November 9, 2026, Texas Instruments consummated the issuance and sale of $2.0B aggregate principal of notes in four $500M tranches: 5.000% due 2028, 5.350% due 2031, 5.500% due 2033, and 5.750% due 2036. The notes were issued under a 2011 indenture and offered via a February 2025 S-3 shelf registration. Underwriters were led by J.P. Morgan, Citigroup, BofA Securities, and U.S. Bancorp Investments.
Key points
- Four $500M tranches total $2.0B in new debt.
- Coupons range from 5.000% (2028) to 5.750% (2036).
- Maturities span 2028, 2031, 2033, and 2036.
- Offered under a February 14, 2025 S-3 shelf registration.
- Underwriters led by J.P. Morgan, Citigroup, BofA Securities, and U.S. Bancorp Investments.
Market impact
Price data unavailable.
Why this matters
A routine debt raise that adds $2.0B to TI's balance sheet at 5.0% to 5.75% coupons.
Sector context
_Not applicable._
Risk factors
Adds $2.0B of fixed-rate debt, increasing interest expense and leverage.
Related tickers
Related & recent SEC filings