Microchip Technology Announces Pricing of Senior Secured Notes

Dec 15, 2020

CHANDLER, Ariz., Dec. 14, 2020 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated (NASDAQ: MCHP) (“Microchip,” “we” or “our”) announced today the pricing of $1.4 billion in aggregate principal amount of senior secured notes due February 15, 2024 (the “Notes”) which will bear interest at an annual rate of 0.972%. The offering of the Notes is expected to close on December 17, 2020, subject to customary closing conditions.

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