Qorvo closes offering of additional $270m of notes

Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has completed its offering of an additional $270m worth of its senior notes maturing in 2026, which will pay interest semi-annually at a rate of 5.50% and mature on 15 July 2026, unless earlier redeemed in accordance with their terms. The offering was upsized from the $170m announced on 28 February.

Qorvo expects to use the net proceeds of the offering for general corporate purposes.

The additional notes are senior unsecured obligations of Qorvo and are initially guaranteed, jointly and severally, by each of Qorvo’s existing and future direct and indirect wholly owned US subsidiaries that guarantee Qorvo’s obligations under its existing credit facility.

The additional notes have not been registered under the US Securities Act or any state securities laws and may not be offered or sold in the USA absent registration or an applicable exemption from such registration requirements.

See related items:

Qorvo prices offering of additional $270m of senior notes, upsized from $170m

Qorvo proposes offering of additional $170m of senior notes

Qorvo closes offering of additional $130m of 5.50% senior notes due 2026

Qorvo completes offering of $500m senior notes

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Visit: www.qorvo.com