AI English summary of an SEC filing — figures as filed
Skyworks Solutions SWKSSkyworks Solutions completed on October 7, 2026 its exchange offers and consent solicitations for the 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 issued by Qorvo.
Key points
AI summarySkyworks Solutions completed on October 7, 2026 its exchange offers and consent solicitations for the 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 issued by Qorvo.
The company said that $779,384,000 aggregate principal amount of Qorvo's 2029 Senior Notes and $647,096,000 aggregate principal amount of Qorvo's 2031 Senior Notes were validly tendered and accepted, the accepted notes will be retired and canceled, and $70,616,000 and $52,904,000 aggregate principal amount, respectively, will remain outstanding.
On October 7, 2026, the company issued $778,096,000 aggregate principal amount of New 2029 Skyworks Notes bearing interest at 4.375% per annum and maturing on October 15, 2029, and $646,805,000 aggregate principal amount of New 2031 Skyworks Notes bearing interest at 3.375% per annum and maturing on April 1, 2031.
Skyworks Solutions said the new notes are senior unsecured obligations of the company, are effectively subordinated to the company's secured debt to the extent of the value of the assets securing that debt, and are structurally subordinated to all obligations of the company's subsidiaries. It added that certain of the proposed amendments become operative immediately prior to the closing of transactions pursuant to which Qorvo merges with and into a subsidiary of Skyworks.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Qorvo Senior Notes Exchange Offers Completed
Skyworks Solutions completed on October 7, 2026 its exchange offers and consent solicitations for the 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031 issued by Qorvo.
Source · Based on the filing body and exhibits
Tendered and Accepted Qorvo Notes and Remaining Outstanding Principal Amount
The company said that $779,384,000 aggregate principal amount of Qorvo's 2029 Senior Notes and $647,096,000 aggregate principal amount of Qorvo's 2031 Senior Notes were validly tendered and accepted, the accepted notes will be retired and canceled, and $70,616,000 and $52,904,000 aggregate principal amount, respectively, will remain outstanding.
Source · Based on the filing body and exhibits
Terms of New Skyworks Senior Notes Issued
On October 7, 2026, the company issued $778,096,000 aggregate principal amount of New 2029 Skyworks Notes bearing interest at 4.375% per annum and maturing on October 15, 2029, and $646,805,000 aggregate principal amount of New 2031 Skyworks Notes bearing interest at 3.375% per annum and maturing on April 1, 2031.
Source · Based on the filing body and exhibits
Character of New Notes and Provisions Related to Qorvo Merger
Skyworks Solutions said the new notes are senior unsecured obligations of the company, are effectively subordinated to the company's secured debt to the extent of the value of the assets securing that debt, and are structurally subordinated to all obligations of the company's subsidiaries. It added that certain of the proposed amendments become operative immediately prior to the closing of transactions pursuant to which Qorvo merges with and into a subsidiary of Skyworks.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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