Microchip Technology Announces Pricing of Offering of $1.1 Billion of Convertible Senior Notes
MCHPMicrochip Technology(MCHP) globenewswire.com·2024-05-30 11:00

CHANDLER, Ariz., May 29, 2024 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced the pricing of $1.1 billion aggregate principal amount of Convertible Senior Notes due 2030 (the "notes") in a private offering (the "offering") only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Microch ...