Analog Devices Announces Pricing of Public Offering of Senior Notes

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Sep 29, 2021

Analog Devices, Inc. (Nasdaq: ADI) (the “Company”) today announced that it has priced an underwritten public offering (the “offering”) of $500,000,000 aggregate principal amount of Floating Rate Senior Notes due October 1, 2024 (the “2024 notes”), $750,000,000 aggregate principal amount of 1.700% Sustainability-Linked Senior Notes due October 1, 2028 (the “2028 sustainability-linked notes”), $1,000,000,000 aggregate principal amount of 2.100% Senior Notes due October 1, 2031 (the “2031 notes”), $750,000,000 aggregate principal amount of 2.800% senior notes due October 1, 2041 (the “2041 notes”) and $1,000,000,000 aggregate principal amount of 2.950% senior notes due October 1, 2051 (the “2051 notes” and, together with the 2024 notes, the 2028 sustainability-linked notes, the 2031 notes and the 2041 notes, the “notes”). Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC and BNP Paribas Securities Corp. are acting as joint book-running managers in connection with the offering.