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BRIEF-ON Semiconductor announces proposed private offering of $500 mln of convertible senior notes

March 13 ON Semiconductor Corp:

* ON Semiconductor announces proposed private offering of $500 million of convertible senior notes

* ON Semiconductor Corp - intends to offer, $500 million aggregate principal amount of convertible senior notes due 2023 in a private offering

* ON Semiconductor Corp - intends to use proceeds from offering of notes to repay portion of its outstanding indebtedness under its term loan b facility Source text for Eikon: Further company coverage:

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