OREANDA-NEWS. Fitch Ratings has upgraded and withdrawn the ratings for Freescale Semiconductor, Inc. (Freescale) as follows:

--Long-term Issuer Default Rating (IDR) upgraded to 'BBB-' from 'B+' and withdrawn;
--Senior secured bank revolving credit facility upgraded to 'BBB' from 'BB-/RR3' and withdrawn;
--Senior secured term loans upgraded to 'BBB' from 'BB-/RR3' and withdrawn;
--Senior secured notes upgraded to 'BBB' from 'BB-/RR3' and withdrawn.

KEY RATING DRIVERS

Fitch has withdrawn the ratings of Freescale as Freescale is undergoing a reorganization (merging with NXP Semiconductor N.V.). Accordingly, Fitch will no longer provide ratings or analytical coverage for Freescale.

KEY ASSUMPTIONS

No longer relevant as the ratings have been withdrawn.

RATING SENSITIVITIES

No longer relevant as the ratings have been withdrawn.