Microchip Technology Announces Pricing of Senior Secured Notes

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May 19, 2021

CHANDLER, Ariz., May 18, 2021 (GLOBE NEWSWIRE) -- Microchip Technology Incorporated (NASDAQ: MCHP) (“Microchip,” “we” or “our”) announced today the pricing of $1.0 billion in aggregate principal amount of senior secured notes due September 1, 2024 (the “Notes”) which will bear interest at an annual rate of 0.983%. The offering of the Notes is expected to close on May 28, 2021, subject to customary closing conditions.