Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
MICROCHIP TECHNOLOGY INC incurred convertible notes of $800 million aggregate principal amount (plus $100 million additional notes option exercised) with J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives at 0% maturing February 15, 2030.
- Instrument
- convertible notes
- Principal
- $800 million aggregate principal amount (plus $100 million additional notes option exercised)
- Counterparty
- J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives
- Rate
- 0%
- Maturity
- February 15, 2030
- Event
- incurrence
Exact text from the filing
On February 9, 2026, Microchip Technology Incorporated (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers (the “Initial Purchasers”), to issue and sell $800 million aggregate principal amount of its 0% Convertible Senior Notes due 2030 (the “Initial Notes”). In addition, the Company granted the Initial Purchasers a 13-day option to purchase up to an additional $100 million aggregate principal amount of such notes on the same terms and conditions (the “Additional Notes” and together with the Initial Notes, the “Notes”). On February 10, 2026, the Initial Purchasers exercised their option to purchase the Additional Notes in full.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MICROCHIP TECHNOLOGY INC entered into Purchase Agreement with J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc. valued at $800 million aggregate principal amount (effective 2026-02-09).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc.
- Value
- $800 million aggregate principal amount
- Effective
- 2026-02-09
Exact text from the filing
On February 9, 2026, Microchip Technology Incorporated (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers (the “Initial Purchasers”), to issue and sell $800 million aggregate principal amount of its 0% Convertible Senior Notes due 2030 (the “Initial Notes”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MICROCHIP TECHNOLOGY INC entered into Indenture with Computershare Trust Company, National Association (effective 2026-02-11).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Computershare Trust Company, National Association
- Effective
- 2026-02-11
Exact text from the filing
The Company issued the Notes pursuant to an indenture, dated February 11, 2026 (the “Indenture”), by and between the Company and Computershare Trust Company, National Association, as trustee.
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