Skyworks prices $2.0B senior notes offering to fund Qorvo acquisition

Filed August 6, 2026 · ~2 min read

Key Changes

• high

  Skyworks is issuing $2.0 billion of senior notes in three tranches: $800 million of 5.000% notes due 2028, $600 million of 5.750% notes due 2032, and $600 million of 6.250% notes due 2036. Net proceeds of approximately $1.98 billion will be combined with existing cash to fund $3.0 billion in cash consideration for the acquisition of Qorvo.

  The Offering verify on EDGAR →
• high

  The 2028 and 2036 notes are subject to special mandatory redemption at 101% of principal plus accrued interest if the Qorvo Mergers do not close by a specified date. The 2032 notes are not subject to this redemption; if the Mergers fail, those proceeds will be redirected to general corporate purposes.

  The Offering verify on EDGAR →
• medium

  The notes are structurally subordinated to all subsidiary debt, including potentially Qorvo notes that are not exchanged if the Mergers close. In a subsidiary bankruptcy, subsidiary creditors would be paid before these noteholders.

  The Offering verify on EDGAR →