ADI receives 87.64% early tenders in Maxim Notes exchange; extends premium to expiration

ANALOG DEVICES INC

87.64% ($438.2M of $500M) of Maxim 3.450% Notes tendered early, achieving requisite consents to amend indenture.
Amendments will eliminate substantially all restrictive covenants and certain events of default; become operative upon settlement.
Early tender premium of $30 per $1,000 principal extended to all holders tendering before October 5, 2022 expiration.
Holders receive $970 of ADI Notes plus $1 cash per $1,000 Maxim Notes, plus early tender premium.
Settlement expected promptly after the Expiration Date (11:59 p.m. ET, October 5, 2022).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.