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Wireless

Qorvo prices USD 700 mln notes offering

Wednesday 16 September 2020 | 09:20 CET | News
Qorvo has priced an offering of USD 700 million worth of senior notes due 2031. The notes will pay interest twice a year, with a rate of 3.375 percent, and mature on 1 April 2031, unless redeemed earlier. Qorvo expects to close the sale on or about 29 September. 

With the money raised, cash on hand and borrowings under its credit facility, the company will redeem all of its outstanding 5.50 percent senior notes due 2026.



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Categories: Mobile & Wireless
Companies: Qorvo
Countries: World
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