debt
confidence high
sentiment neutral
materiality 0.60
Silicon Labs calls all outstanding 0.625% Convertible Notes due 2025 for redemption on June 20, 2023
SILICON LABORATORIES INC.
- Redemption price: 100% of principal plus accrued interest; conversion deadline June 16, 2023.
- Conversion rate: 8.1980 shares per $1,000 principal (≈$121.98/share). Holders converting before deadline get additional 0.4101 shares per $1,000.
- Company to settle conversions via combination settlement: $1,000 cash per $1,000 principal plus stock.
- Notes held through Depositary must be surrendered per Depositary procedures; questions to legal@silabs.com.