New Issue: Microchip Technology Inc. (MCHP) Convertible Senior Subordinated Notes due 2025

Microchip Technology plans to tap the convertible market with a sizeable new issue in order to retire (in part or in the entirety) existing two classes of indebtedness. Specifically, MCHP plans to issue $1.0 billion in ten-year convertible senior subordinated notes (along with a $150 million over-allotment option). Our HOCS slash line measures a .......

 

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