8-KThe WireRoutine
Company Update
Filed May 23, 2025 · 1y ago · Accession 0001193125-25-125915
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): May 23, 2025
TEXAS INSTRUMENTS INCORPORATED
(Exact name of registrant as specified in charter)
DELAWARE
001-03761
75-0289970
(State or other jurisdiction
of incorporation)
(Commission
file number)
(I.R.S. employer
identification no.)
12500 TI BOULEVARD
DALLAS , TEXAS 75243
(Address of principal executive offices)
Registrant’s telephone number, including area code: (214) 479-3773
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange
on which registered
Common Stock, par value $1.00
TXN
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01.
Other Events
Issuance of $1,200,000,000 of Notes
On May 23, 2025, Texas Instruments Incorporated (“Texas Instruments”) consummated the issuance and sale of $550,000,000 aggregate principal amount of its 4.500% Notes due 2030 (the “2030 Notes”) and $650,000,000 aggregate principal amount of its 5.100% Notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”), pursuant to an underwriting agreement filed herewith as Exhibit 1.1 dated May 20, 2025 among Texas Instruments and Barclays Capital Inc., Morgan Stanley & Co. LLC and MUFG Securities Americas Inc., as underwriters. The Notes were issued pursuant to an Indenture dated as of May 23, 2011 (the “Indenture”) between Texas Instruments and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee, and an Officers’ Certificate issued pursuant thereto.
The Notes were offered pursuant to Texas Instruments’ Registration Statement on Form S-3 filed on February 14, 2025 (Reg. No. 333-284977), including the prospectus contained therein, and a related preliminary prospectus supplement dated May 20, 2025 and a prospectus supplement dated May 20, 2025.
The material terms and conditions of the Notes are set forth in the Indenture filed as Exhibit 4.2 to the Current Report of Texas Instruments on Form 8-K dated May 23, 2011 and the Officers’ Certificate filed herewith as Exhibit 4.1 and incorporated by reference herein.
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Item 9.01
Financial Statements and Exhibits
(d) Exhibits.
Exhibit
No.
Description
1.1
Underwriting Agreement dated May 20, 2025 among Texas Instruments Incorporated and Barclays Capital Inc., Morgan Stanley & Co. LLC and MUFG Securities Americas Inc.
4.1
Officers’ Certificate setting forth the terms of the Notes
5.1
Opinion of Davis Polk & Wardwell LLP
23.1
Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.1)
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TEXAS INSTRUMENTS INCORPORATED
Date: May 23, 2025
By:
/s/ Rafael R. Lizardi
Rafael R. Lizardi
Senior Vice President and Chief Financial Officer
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Filing details
- Company
- TEXAS INSTRUMENTS INC
- Ticker
- TXN
- CIK
- 97476
- Form type
- 8-K
- Filing date
- May 23, 2025
- Report date
- May 23, 2025
- Document
- d943827d8k.htm
- Size
- 443 KB