debt
confidence high
sentiment neutral
materiality 0.85
Synopsys raises $10B in senior notes offering to fund Ansys acquisition
SYNOPSYS INC
- Issued $10B in senior notes across six tranches: 2027 (4.55%), 2028 (4.65%), 2030 (4.85%), 2032 (5.00%), 2035 (5.15%), and 2055 (5.70%).
- Net proceeds to fund cash consideration for pending Ansys acquisition, pay fees, and repay Ansys debt.
- Underwriters include BofA Securities, HSBC Securities, J.P. Morgan; closing expected March 17, 2025.
- Certain underwriters are also lenders under Synopsys' existing credit agreements and bridge commitment.