---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-062263"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T02:10:54.491036+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Microchip issues $1B of 5.050% Senior Notes due 2029 to repay commercial paper

## Summary
- Issued $1,000,000,000 aggregate principal of 5.050% Senior Notes maturing March 15, 2029.
- Net proceeds of ~$994.73 million after underwriting discount; used to repay commercial paper debt.
- Notes guaranteed by six subsidiary guarantors including Atmel, Microsemi, and SST.
- Interest payable semi-annually on March 15 and September 15, starting September 15, 2024.
- Redemption before Feb 15, 2029 at Treasury rate plus 15 bps; thereafter at par plus accrued interest.

## SEC filing metadata
- accession: 0001193125-24-062263
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2024-03-07T23:59:59+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/827054/000119312524062263/0001193125-24-062263-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000119312524062263/d763249d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-062263
- JSON: https://secwatch.observer/filing/0001193125-24-062263.json
- Plain text: https://secwatch.observer/filing/0001193125-24-062263.txt

## Key facts
- Material Agreements
  MICROCHIP TECHNOLOGY INC entered into First Supplemental Indenture with Computershare Trust Company, National Association valued at $1,000,000,000 aggregate principal amount (effective 2024-03-07).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Computershare Trust Company, National Association
  - Value: $1,000,000,000 aggregate principal amount
  - Effective: 2024-03-07
  source text: On March 7, 2024, Microchip Technology Incorporated, a Delaware corporation (the “Company”), issued $1,000,000,000 aggregate principal amount of its 5.050% Senior Notes due 2029 (the “Notes”) in a public offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000119312524062263/0001193125-24-062263-index.htm

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