Analog Devices 8-K

Summary

Analog Devices issued $3.0B of senior notes in four tranches. The unsecured, unsubordinated notes are not guaranteed by subsidiaries and rank equally with the company’s other unsecured senior debt.

Key Figures

• $500M principal of 5.100% notes due 9/15/2029.
• $500M principal of 5.350% notes due 10/1/2031.
• $1.0B principal of 5.600% notes due 10/1/2033.
• $1.0B principal of 5.750% notes due 10/1/2036.
• Interest is payable semi-annually, beginning in 2027; the company may redeem each series before its applicable par call date at a make-whole price, and at par plus accrued interest on or after that date.