Worth Watching Stock’s News Analysis Report: QUALCOMM, Inc. (NASDAQ:QCOM), CF Industries Holdings, Inc. (NYSE:CF)

On Tuesday, Shares of QUALCOMM, Inc. (NASDAQ:QCOM), included 1.80% and shut at $68.31 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $67.04 and $68.60. Qualcomm Incorporated (QCOM) recently declared that Qualcomm River Holdings B.V., an indirect wholly owned partner of Qualcomm, has begind the formerly declared tender offer for all of the outstanding common shares of NXP Semiconductors N.V. (NXPI) at a price of $110.00 per share, less any applicable withholding taxes and without interest, to the holders thereof and payable in cash. The tender offer is being made following the Purchase Agreement, dated as of October 27, 2016, by and between Qualcomm River Holdings B.V. and NXP.

A tender offer statement on Plan TO that includes the Offer to Purchase and related Letter of Transmittal that set forth the complete terms and conditions of the tender offer will be filed recently with the U.S. Securities and Exchange Commission by Qualcomm River Holdings B.V. In Addition To, NXP will file with the SEC a solicitation/recommendation statement on Plan 14D-9 recently that includes the recommendation of NXP’s board of directors that NXP shareholders tender their shares in the tender offer.

Shares of CF Industries Holdings, Inc. (NYSE:CF), subtract -4.95% and shut at $28.39 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $27.92 and $29.76. The association’s commercial center capitalization is $6.83 Billion with the general uncommon loads of 233.11 million. CF Industries Holdings, Inc. (CF) recently declared that it has prepaid the $1.0 billion aggregate principal amount of its senior notes due 2022, 2025 and 2027, and paid the related make-whole amount of about $170 million. The make-whole amount was significantly less than the amount formerly estimated (about $210 million as of October 31, 2016) as a result of subsequent changes in market interest rates.

CF Industries made the prepayment and make-whole payment using the proceeds from its formerly declared offering of $1,250,000,000 aggregate principal amount of senior secured notes comprising $500,000,000 aggregate principal amount of senior secured notes due 2021 and $750,000,000 aggregate principal amount of senior secured notes due 2026. The offering closed on November 21, 2016.

In connection with the completion of the offering and the prepayment of the senior notes due 2022, 2025 and 2027, the formerly declared amendments to the company’s revolving credit facility became effective. The amendments include, among other things, changes in and additions to the financial covenants and a reduction in the size of the facility from $1.5 billion to $750 million.

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