Infineon gets €9.5bn-equivalent loans for Cypress buy

By Mike Turner
09 Jul 2019

Germany’s Infineon Technologies has wrapped up a bank financing package totaling around €9.5bn-equivalent for its acquisition of the US’ Cypress Semiconductor Corp, with an army of banks joining the semiconductor maker’s deal.

Bank of America Merrill Lynch, Credit Suisse and JP Morgan were the big winners from the trade, with the three banks acting as loan underwriters, bookrunners and financial advisors to the acquisitive company for its €9bn purchase. 

The bulk of the financing for the triple ...

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