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TEXAS INSTRUMENTS INCORPORATED OFFERS $150 MILLION OF 8 3/4 PERCENT 15-YEAR NOTES

 TEXAS INSTRUMENTS INCORPORATED OFFERS
 $150 MILLION OF 8 3/4 PERCENT 15-YEAR NOTES
 NEW YORK, March 25 /PRNewswire/ -- Morgan Stanley & Co. Incorporated announced today the public offering of $150 million 8 3/4 percent notes due April 1, 2007, for Texas Instruments. The notes are priced at par to yield 8 3/4 percent and are non-callable.
 The notes are being offered pursuant to a previously filed shelf registration statement. A portion of the net proceeds from the sale of the notes will be used to reimburse TI's general funds for expenditures that were made in purchasing $100 million of TI's 2 3/4 percent convertible subordinated debentures due 2002. The remaining portion will be added to TI's general funds and used for general corporate purposes, including possible further purchases of existing debt securities of TI.
 Texas Instruments Incorporated, headquartered in Dallas, is a high- technology company with sales or manufacturing operations in more than 30 countries. TI develops, manufactures and markets semiconductors, defense electronics systems, software productivity tools, computer systems and peripheral products, custom engineering and manufacturing services, electrical controls, metallurgical materials, and consumer electronic products.
 -0- 3/25/92
 /CONTACT: Terri West of Texas Instruments Incorporated, 214-995-3481/
 (TXN) CO: Texas Instruments Incorporated ST: Texas IN: CPR SU: OFR


SB -- NY053 -- 1564 03/25/92 14:09 EST
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Publication:PR Newswire
Date:Mar 25, 1992
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