---
schema_version: "secwatch.filing_event.v1"
accession: "0000103730-23-000076"
form_type: "8-K"
ticker: "VSH"
cik: "0000103730"
company_name: "VISHAY INTERTECHNOLOGY INC"
filed_at: "2023-09-08T23:59:59+00:00"
generated_at: "2026-06-10T21:59:19.746554+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vishay prices $650M 2.25% convertible notes due 2030; proceeds to repurchase 2025 notes, repay debt

## Summary
- Offering upsized from $600M to $650M; initial purchasers' option for additional $100M.
- Conversion rate 33.1609 shares/$1,000 (20% premium to $25.13 close); cap price ~$43.98 per share.
- Net proceeds ~$632.7M: $388.8M to repurchase $370.2M of 2025 notes, $162.3M to repay credit facility, $81.6M for capped call.
- Notes mature Sep 15, 2030, interest 2.25% semi-annual; redeemable after Sep 20, 2027 if stock price >=130% of conversion price.
- Closing expected Sep 12, 2023; capped call transactions entered to reduce potential dilution.

## SEC filing metadata
- accession: 0000103730-23-000076
- form_type: 8-K
- ticker: VSH
- cik: 0000103730
- company_name: VISHAY INTERTECHNOLOGY INC
- filed_at: 2023-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/103730/000010373023000076/0000103730-23-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/103730/000010373023000076/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000103730-23-000076
- JSON: https://secwatch.observer/filing/0000103730-23-000076.json
- Plain text: https://secwatch.observer/filing/0000103730-23-000076.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.