---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-046713"
form_type: "8-K"
ticker: "MCHP"
cik: "0000827054"
company_name: "MICROCHIP TECHNOLOGY INC"
filed_at: "2026-02-11T23:59:59+00:00"
generated_at: "2026-05-16T03:27:34.786143+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Microchip issues $800M 0% convertible notes due 2030; proceeds to repay commercial paper

## Summary
- Issued $800M 0% convertible senior notes due 2030 (upsized from $600M) with initial conversion price ~$104.17/share, a 40% premium to $74.41 close.
- Net proceeds ~$883.3M after discounts; used ~$68M to enter capped call transactions with cap price $148.82/share.
- Remaining net proceeds used to repay notes outstanding under Microchip's commercial paper program.
- Initial purchasers exercised full $100M greenshoe option on Feb 10, 2026.

## SEC filing metadata
- accession: 0001193125-26-046713
- form_type: 8-K
- ticker: MCHP
- cik: 0000827054
- company_name: MICROCHIP TECHNOLOGY INC
- filed_at: 2026-02-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827054/000119312526046713/0001193125-26-046713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827054/000119312526046713/d18435d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-046713
- JSON: https://secwatch.observer/filing/0001193125-26-046713.json
- Plain text: https://secwatch.observer/filing/0001193125-26-046713.txt

## Source-grounded claims
- claim_id: 7a6e9a827e28afb95bbb6b26ca344952791978d7
  claim: 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.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000119312526046713/0001193125-26-046713-index.htm
- claim_id: 32174b6065f1417c0f4d4580b5c7f67188774804
  claim: 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).
  evidence_excerpt: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000119312526046713/0001193125-26-046713-index.htm
- claim_id: ece2b67d39a5ddf7cbc2adccabdc8031aeea7a5c
  claim: MICROCHIP TECHNOLOGY INC entered into Indenture with Computershare Trust Company, National Association (effective 2026-02-11).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/827054/000119312526046713/0001193125-26-046713-index.htm

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