---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236966"
form_type: "8-K"
ticker: "MRVL"
cik: "0001835632"
company_name: "Marvell Technology, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T15:12:45.275632+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Marvell issues $1B in senior notes at 5.750% and 5.950% to refinance debt

## Summary
- $500M 5.750% notes due Feb 2029; $500M 5.950% notes due Sep 2033.
- Net proceeds of ~$989M after underwriters' discount.
- Proceeds to repay term loans due 2024 and revolver; remainder for general corporate purposes.
- Underwriters: J.P. Morgan, BofA Securities, and Wells Fargo Securities.
- Offering closed on September 18, 2023.

## SEC filing metadata
- accession: 0001193125-23-236966
- form_type: 8-K
- ticker: MRVL
- cik: 0001835632
- company_name: Marvell Technology, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835632/000119312523236966/0001193125-23-236966-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835632/000119312523236966/d550936d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236966
- JSON: https://secwatch.observer/filing/0001193125-23-236966.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236966.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835632/000119312523236966/0001193125-23-236966-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835632/000119312523236966/0001193125-23-236966-index.htm

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