Press release
Qorvo Announces Extension of Exchange Offer for 4.375% Senior Notes Due 2029
GREENSBORO, N.C., Aug. 14, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today
About this update from Qorvo, Inc.
[{"type":"text","content":"GREENSBORO, N.C., Aug. 14, 2020 (GLOBE NEWSWIRE) -- Qorvo® (Nasdaq: QRVO), a leading provider of innovative RF solutions that connect the world, today announced that it has extended its registered exchange offer to exchange any and all of its outstanding $850,000,000 aggregate principal amount of 4.375% Senior Notes due 2029, which were previously issued on September 30, 2019, December 20, 2019 and June 11, 2020 pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), for an equal principal amount of new notes registered under the Securities Act.\n The exchange offer, which had been scheduled to expire at 5:00 p.m., New York City time, on August 13, 2020, will now expire at 5:00 p.m., New York City time, on August 21, 2020, unless further extended by Qorvo. All other terms, provisions and conditions of the exchange offer will remain in full force and effect. As of 5:00 p.m., New York City time, on August 13, 2020, $847,474,000 aggregate principal amount of the outstanding notes had been tendered for exchange, representing approximately 99.7% of the outstanding notes. The terms of the exchange offer are set forth in a prospectus dated July 15, 2020 and the related letter of transmittal. Requests for assistance or for copies of the exchange offer documents, including the prospectus and the letter of transmittal, should be directed to the exchange agent, MUFG Union Bank, N.A., at (213) 236-5932 or (213) 236-5929. This press release is not an offer to buy or sell or the solicitation of an offer to buy or sell any of the securities described herein, nor shall there be any offer, solicitation or sale of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. A registration statement on Form S-4 relating to the exchange offer was declared effective by the Securities and Exchange Commission on July 10, 2020. The exchange offer is being made only pursuant to the terms of the exchange offer documents, including the prospectus dated July 15, 2020 and the related letter of transmittal. About Qorvo Qorvo (Nasdaq:QRVO) makes a better world possible by providing innovative Radio Frequency (RF) solutions at the center of connectivity. We combine product and technology leadership, systems-level expertise and global manufacturing scale to...