debt
confidence high
sentiment neutral
materiality 0.10
Qorvo completes exchange of $500M 1.750% Senior Notes due 2024
Qorvo, Inc.
- Completed exchange of up to $500M aggregate principal of 1.750% Senior Notes due 2024 for registered notes with identical terms.
- 99.99% of outstanding existing notes ($499.9M) were validly tendered and accepted.
- Exchange offer expired November 17, 2023; fulfills registration rights agreement.
- No change in principal amount, interest rate, maturity, or other terms of the notes.