STMicroelectronics N.V. (STM) Form 6-K — Jun 16, 2026
STMicroelectronics N.V. has priced a US$1.5 billion dual-tranche offering of senior unsecured bonds convertible into new or existing ordinary shares. The offering includes a US$750 million 5-year tranche with a 0% coupon and a 55% conversion premium, alongside a US$750 million 7-year tranche with a 0.625% coupon and a 57.5% conversion premium.
Key figures
- Debt Amount
- $1.5 billion
- Interest Rate
- 0% - 0.625%
- Maturity Date
- 2031 and 2033
- Tranche 1 amount
- $750 million
- Tranche 1 coupon
- 0%
- Tranche 2 amount
- $750 million
- Tranche 2 coupon
- 0.625%
- Tranche 1 maturity
- 2031
- Tranche 2 maturity
- 2033
- Redemption target year
- 2027
- Redemption target amount
- $750 million
- Tranche 1 conversion price
- $ 119.9813
- Tranche 2 conversion price
- $ 121.9165
- Tranche 1 conversion premium
- 55%
- Tranche 2 conversion premium
- 57.5%
AI analysis
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