SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 or 15d-16 OF
THE
SECURITIES EXCHANGE ACT OF 1934
Report
on Form 6-K dated March 31, 2009
STMicroelectronics
N.V.
(Name of
Registrant)
39,
Chemin du Champ-des-Filles
1228
Plan-les-Ouates, Geneva, Switzerland
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F x Form
40-F o
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
Yes o No
x
Indicate
by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No
x
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with
Rule
12g3-2(b): 82- __________
Enclosure: A
press release dated March 30, 2009 announcing that STMicroelectronics
has completed its $500 million medium-term committed credit-facilities
program.
PR
No. C2596C
STMicroelectronics
Announces Completion of
$500
Million Medium-Term Committed Credit-Facilities
Program
Geneva, March 30, 2009 - As
part of its ongoing efforts to improve liquidity and financial flexibility,
STMicroelectronics (NYSE:STM) today announced the completion of its $500 million
medium-term committed credit-facilities program.
The $500
million of credit facilities have been provided on a bilateral basis by
Intesa-San Paolo, Société Générale, Citibank, Centrobanca (UBI Group) and
Unicredit. The loan agreements have been executed between October 2008 and March
2009 with commitments from the banks for up to 3 years. ST does not currently
envisage any utilization of these credit facilities, which have been set up for
liquidity purposes to strengthen the Company’s financial
flexibility.
Carlo
Ferro, Executive Vice President and CFO commented “In this challenging market
environment, the completion of the Credit Facilities program represents a strong
endorsement of ST’s solid credit profile as well as a sign of vitality of the
debt capital market towards leading corporations. Although we have no plan to
draw from the new facilities, we are happy to have secured this financial
flexibility in advance of any specific need, as liquidity is a key ingredient
supporting ST’s business strategy."
Some
of the statements contained in this release that are not historical facts are
statements of future expectations and other forward-looking statements (within
the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the
Securities Exchange Act of 1934, each as amended) based on management’s current
views and assumptions and involve known and unknown risks and uncertainties that
could cause actual results, performance or events to differ materially from
those in such statements. Such forward-looking statements can be identified by
the use of forward-looking terminology such as “believes,” “may,” “will,”
“should,” “would be” or “anticipates” or similar expressions or the negative
thereof or other variations thereof, or by discussions of strategy, plans or
intentions. Some of the risk factors we face are set forth and are discussed in
more detail in “Item 3. Key Information—Risk Factors” included in our Annual
Report on Form 20-F for the year ended December 31, 2007, as filed with the SEC
on March 3, 2008 and in our Press release dated January 27, 2009 filed with the
SEC under form 6-K on January 28th. Should one or
more
of these risks or uncertainties materialize, or should underlying assumptions
prove incorrect, actual results may vary materially from those described in this
release as anticipated, believed or expected. We do not intend, and do not
assume any obligation, to update any information or forward-looking statements
set forth in this release to reflect subsequent events or
circumstances.
Unfavorable
changes in the above or other factors listed under “Risk Factors” from time to
time in our SEC filings, including our Form 20-F, could have a material adverse
effect on our results of operations or financial condition.
About
STMicroelectronics
STMicroelectronics
is a global leader in developing and delivering semiconductor solutions across
the spectrum of microelectronics applications. An unrivalled combination of
silicon and system expertise, manufacturing strength, Intellectual Property (IP)
portfolio and strategic partners positions the Company at the forefront of
System-on-Chip (SoC) technology and its products play a key role in enabling
today's convergence markets. The Company's shares are traded on the New York
Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2008, the
Company's net revenues were $9.84 billion. Further information on ST can be
found at www.st.com.
For
further information please contact:
STMicroelectronics
Media
Maria
Grazia Prestini
Phone:
+41 22 929 6945
E-mail:
mariagrazia.prestini@st.com
Investors
Tait
Sorensen
Phone:
+1-602-485-2064
E-mail:
tait.sorensen@st.com
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, STMicroelectronics N.V. has duly caused this
report to be signed on its behalf by the undersigned, thereunto duly
authorized.
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STMicroelectronics
N.V.
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Date:
March 31, 2009
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By:
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/s/ Carlo
Ferro |
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Name: |
Carlo
Ferro |
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Title: |
Executive
Vice President and |
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Chief
Financial Officer |
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