Microchip issues $1.1B 0.75% convertible notes due 2030; $150M greenshoe exercised

MICROCHIP TECHNOLOGY INC

Total offering $1.25B ($1.1B initial + $150M additional notes), net proceeds ~$1.23B after discounts and expenses.
Notes bear 0.75% interest, mature June 1, 2030; conversion price ~$121.84/share (27.5% premium over $95.56 close).
Company entered capped call transactions to reduce dilution, cap price initially $167.23/share.
Proceeds used: ~$105M for capped calls; remainder to repay commercial paper debt.

item 1.01 item 2.03 item 3.02 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.