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): | April 6, 2015 |
Freescale Semiconductor, Ltd.
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(Exact name of registrant as specified in its charter)
| Bermuda | 001-35184 | 98-0522138 |
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_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 6501 William Cannon Drive West, Austin, Texas | 78735 | |
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_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
| Registrant’s telephone number, including area code: | 512-895-2000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing 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))
Item 8.01 Other Events.
On April 6, 2015, Freescale Semiconductor, Inc. ("Freescale", a wholly owned indirect subsidiary of Freescale Semiconductor, Ltd.) initiated delivery to the holders of its 10.75% senior unsecured notes due 2020 (the "10.75% Notes") notice that it will redeem $100 million aggregate principal amount of the 10.75% Notes. The redemption date is May 6, 2015 (the "Redemption Date"). The redemption price for the 10.75% Notes is 100% of the outstanding aggregate principal amount of the 10.75% Notes to be redeemed plus the Applicable Premium (as defined in the Indenture dated September 30, 2010 governing the 10.75% Notes) and accrued and unpaid interest up to, but not including, the Redemption Date. Freescale plans to pay the redemption price and accrued and unpaid interest using cash on hand. Each series of 10.75% Notes shall be redeemed in accordance with the procedures of The Depository Trust Company. The 10.75% Notes shall be redeemed in amounts of $2,000 or whole multiples of $1,000 in excess thereof, and no 10.75% Note of less than $2,000 shall be redeemed. Upon surrender of a 10.75% Note, a new 10.75% Note or 10.75% Notes in principal amount equal to the unredeemed portion of the original 10.75% Note representing the same indebtedness to the extent not redeemed will be issued in the name of the holder of the 10.75% Notes upon cancellation of the original 10.75% Note.
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.
| Freescale Semiconductor, Ltd. | ||||
| April 6, 2015 | By: |
/s/ Dathan C. Voelter
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| Name: Dathan C. Voelter | ||||
| Title: Assistant Secretary | ||||