secwatch.observer — SEC 8-K summary
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Issuer:     SYNAPTICS Inc (SYNA)
CIK:        0000817720
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001628280-24-048834
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Synaptics expands revolver to $350M, issues $400M 0.75% convertible notes due 2031
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- Revolver commitments increased from $250M to $350M; maturity extended to earlier of Nov 2029 or 91 days before 2029 note maturity.
- Issued $400M 0.75% Convertible Senior Notes due 2031 on Nov 19, 2024; net proceeds used to repay term loans.
- Fourth Amendment adds Barclays, Deutsche Bank, HSBC as lenders; BMO Harris exits.
- Proceeds from revolver used for general corporate purposes and working capital.
- Borrower certified no default and reaffirmed representations and warranties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/817720/000162828024048834/0001628280-24-048834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/817720/000162828024048834/syna-20241119.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-048834

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