1 August 2010

IPO NXP Semiconductors

De Brauw acted as Dutch counsel to chipmaker NXP Semiconductors on its initial public offering (IPO) on NASDAQ. NXP Semiconductors has sold approximately 14% of its issued share capital in the IPO, at USD 14 per share (indicating a market cap of approximately USD 3.5 billion).

First trading took place on 6 August 2010 and settlement on 10 August 2010. De Brauw also advised NXP on its issue of approximately USD 1 billion 9 3/4% senior secured notes which preceded the IPO.

Team IPO                                             
Arne Grimme, Dick Hofland, Martin van Olffen, Joost Schutte, Jan Marten van Dijk, Deline Kruitbosch, Sacha Leeman, Niels Wolswijk

Team Notes Issue
Joost Schutte, Sacha Leeman, Michiel Mak