---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-231984"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:41:05.758711+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Semtech announces $350M 0% convertible notes due 2030 to exchange existing notes

## Summary
- Offering $350M aggregate principal of 0% convertible senior notes due 2030; initial purchasers may buy up to $52.5M additional.
- Net proceeds used to exchange existing 1.625% notes due 2027 and 4.00% notes due 2028, and repay term loans.
- Semtech expects to enter capped call transactions to reduce potential dilution upon conversion.
- Notes offered in private placement under Rule 144A; unregistered and subject to market conditions.
- Existing note holders may enter derivatives or buy shares, potentially affecting Semtech's stock price.

## SEC filing metadata
- accession: 0001193125-25-231984
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000119312525231984/0001193125-25-231984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000119312525231984/d80216d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-231984
- JSON: https://secwatch.observer/filing/0001193125-25-231984.json
- Plain text: https://secwatch.observer/filing/0001193125-25-231984.txt

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