secwatch.observer — SEC 8-K summary
======================================

Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2022-10-06T23:59:59+00:00
Accession:  0001193125-22-258570
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Analog Devices closes exchange of 88% of outstanding Maxim 3.450% Senior Notes due 2027
--------------------------------------------------------------------------------

- $440.2M of $500M Maxim Notes tendered (88.04%) as of October 5, 2022 expiration.
- Holders receive $1,000 principal of new ADI Notes plus $1.00 cash per $1,000 Maxim Notes.
- Consents to eliminate restrictive covenants in Maxim indenture satisfied on September 21, effective at settlement.
- Settlement expected October 7, 2022; ADI Notes will have same interest rate and maturity as Maxim Notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000119312522258570/0001193125-22-258570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000119312522258570/d387359d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-258570

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer