---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-241057"
form_type: "8-K"
ticker: "ADI"
cik: "0000006281"
company_name: "ANALOG DEVICES INC"
filed_at: "2022-09-08T23:59:59+00:00"
generated_at: "2026-06-23T13:16:07.281996+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ADI launches exchange offer for up to $500M of Maxim 3.45% notes due 2027

## Summary
- Holders get $970 of ADI 3.450% notes + $1 cash per $1K Maxim notes tendered; early tender adds $30 of ADI notes.
- Consent solicitation seeks to eliminate substantially all restrictive covenants and change-of-control repurchase obligations in the Maxim indenture.
- Exchange offer expires Oct 5, 2022; early tender deadline is Sept 21, 2022; settlement expected Oct 7, 2022.
- New ADI notes have same interest rate, maturity, and payment dates as the Maxim notes; offered in private transaction to QIBs and non-U.S. persons.
- Any untendered Maxim notes after consents become governed by amended indenture with stripped covenants.

## SEC filing metadata
- accession: 0001193125-22-241057
- form_type: 8-K
- ticker: ADI
- cik: 0000006281
- company_name: ANALOG DEVICES INC
- filed_at: 2022-09-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6281/000119312522241057/0001193125-22-241057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6281/000119312522241057/d359231d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-241057
- JSON: https://secwatch.observer/filing/0001193125-22-241057.json
- Plain text: https://secwatch.observer/filing/0001193125-22-241057.txt

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