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Reuters

Chipmaker NXP gets 1 billion euro loan from EIB for European projects

Reuters
Summary
Nutrition label

79% Informative

Dutch chip maker NXP says it has secured a 1 billion euro ($ 1.03 billion)loan from the European Investment Bank .

NXP said it would draw on the six-year loan facility for projects in Austria , France , Germany , the Netherlands and Romania .

Earlier this month NXP announced a $625 million acquisition of Austria 's TTTech Auto .

VR Score

90

Informative language

98

Neutral language

21

Article tone

formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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no sources

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