Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.99
Marvell Technology, Inc. entered into Third Supplemental Indenture dated September 18, 2023 with U.S. Bank Trust Company, National Association valued at $1,000,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and 5.950% Senior Notes du (effective 2023-09-18).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $1,000,000,000 aggregate principal amount of 5.750% Senior Notes due 2029 and 5.950% Senior Notes du
- Effective
- 2023-09-18
Exact text from the filing
On September 18, 2023, Marvell Technology, Inc. (the “Company”) completed a public offering of $500,000,000 aggregate principal amount of its 5.750% Senior Notes due 2029 (the “2029 Notes”) and $500,000,000 aggregate principal amount of its 5.950% Senior Notes due 2033 (the “2033 Notes” and, together with the 2029 Notes, the “Notes”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Marvell Technology, Inc. entered into Underwriting Agreement for public offering of Senior Notes with underwriters valued at Net proceeds of approximately $989.0 million after underwriting discount (effective 2023-09-18).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- underwriters
- Value
- Net proceeds of approximately $989.0 million after underwriting discount
- Effective
- 2023-09-18
Exact text from the filing
The net proceeds from the sale of the Notes were approximately $989.0 million after deducting the underwriters’ discount but before other expenses and will be used for repayment of debt, including amounts outstanding under the Company’s term loans due in 2024 and its revolving credit agreement.
View on SEC.gov