secwatch.observer — SEC 8-K summary
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Issuer:     ANALOG DEVICES INC (ADI)
CIK:        0000006281
Form:       8-K
Filed at:   2022-10-07T23:59:59+00:00
Accession:  0001193125-22-259652
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Analog Devices completes $440M exchange of Maxim notes for new ADI notes
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- Exchanged $440.212M of Maxim 3.450% Senior Notes due 2027 for new ADI notes with same interest rate and maturity.
- $59.788M of Maxim notes not tendered; remain outstanding.
- Maxim entered supplemental indenture eliminating most restrictive covenants on remaining notes.
- ADI issued registration rights agreement with TD Securities to file exchange offer registration statement.
- New ADI notes can be redeemed at Treasury rate plus 20 bps before March 15, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6281/000119312522259652/0001193125-22-259652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6281/000119312522259652/d346231d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-259652

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