Cohu announces $200M convertible senior notes offering due 2031

COHU INC

Offering $200M aggregate principal amount of Convertible Senior Notes due 2031; initial purchasers have option for additional $30M.
Capped call transactions expected to reduce dilution upon conversion, subject to a cap based on 100% premium to stock price at pricing.
Net proceeds to fund capped call cost and for general corporate purposes.
Interest rate, conversion rate, and other terms to be determined at pricing.

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