Skyworks Announces Extension of Expiration Date of Exchange Offers for Qorvo’s Senior Notes due 2029 and 2031
Skyworks extended the expiration date of its exchange offers for Qorvo's 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 to 5:00 p.m. ET on October 5, 2026, from October 2. Participation is already high: 91.68% of the $850M 2029 notes and 93.33% of the $700M 2031 notes were validly tendered as of September 30.
Key figures
- Deal Value Usd
- $850,000,000 of New 2029 Skyworks Notes and $700,000,000 of New 2031 Skyworks Notes offered in exchange
- New expiration date
- October 5, 2026, 5:00 p.m. ET
- Tendered 2029 notes
- $779,250,000 (91.68% of $850,000,000 outstanding)
- Tendered 2031 notes
- $653,328,000 (93.33% of $700,000,000 outstanding)
- Expected merger close
- on or about October 5, 2026
AI analysis
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