Analog Devices Announces Redemption of 5.00% Senior Notes Due 2014
22 Maggio 2013 - 11:23PM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI), a global leader in
high-performance semiconductors for signal processing applications,
today announced that it has given notice of the redemption of its
outstanding 5.00% senior unsecured notes due 2014 (the “2014 Senior
Notes”).
As of May 22, 2013, $375 million in aggregate principal amount
of the 2014 Senior Notes is outstanding. In accordance with the
terms of the indenture governing the 2014 Senior Notes, they will
be redeemed on June 6, 2013 (the “Redemption Date”) for an
aggregate redemption price equal to approximately $393 million,
plus accrued and unpaid interest to, but excluding, the Redemption
Date. The Bank of New York Mellon, the trustee for the 2014 Senior
Notes, is mailing a Notice of Redemption to all registered holders
of the 2014 Senior Notes today. Copies of such Notice of Redemption
and additional information relating to the procedure for redemption
of the 2014 Senior Notes may be obtained from The Bank of New York
Mellon by calling (412) 236-1201.
About Analog Devices
Innovation, performance, and excellence are the cultural pillars
on which Analog Devices has built one of the longest standing,
highest growth companies within the technology sector. Acknowledged
industry-wide as the world leader in data conversion and signal
conditioning technology, Analog Devices serves over 60,000
customers, representing virtually all types of electronic
equipment. Analog Devices is headquartered in Norwood,
Massachusetts, with design and manufacturing facilities throughout
the world. Analog Devices is included in the S&P 500 Index.
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