---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-151726"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2024-05-31T23:59:59+00:00"
generated_at: "2026-06-01T07:17:54.047287+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-151726
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2024-05-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827054/000119312524151726/0001193125-24-151726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000119312524151726/d805953d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-151726
- JSON: https://secwatch.observer/filing/0001193125-24-151726.json
- Plain text: https://secwatch.observer/filing/0001193125-24-151726.txt

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