SWKS · 8-K · 20260902PR104395

Outstanding Indebtedness

SKYWORKS SOLUTIONS, INC. · 2026-09-02 · Importance 64 · Surprise 42

Skyworks extended the expiration date of its exchange offers for Qorvo’s 4.375% notes due 2029 and 3.375% notes due 2031 to September 11, 2026. The offers provide for up to $850 million of new Skyworks 4.375% notes due 2029 and up to $700 million of new Skyworks 3.375% notes due 2031 in exchange for the corresponding Qorvo notes. By September 1, holders had tendered $767.518 million, or 90.30%, of the 2029 notes and $653.022 million, or 93.29%, of the 2031 notes. Settlement is expected promptly after the expiration date and no earlier than the second business day after the Qorvo merger closes; each exchange offer is conditioned on that merger closing.

Key facts

• Skyworks offered to issue up to $850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029 in exchange for Qorvo’s 4.375% Senior Notes due 2029. source
• Skyworks offered to issue up to $700,000,000 aggregate principal amount of new 3.375% Senior Notes due 2031 in exchange for Qorvo’s 3.375% Senior Notes due 2031. source
• As of September 1, 2026, $767,518,000 principal amount, or 90.30%, of the $850,000,000 outstanding 4.375% Senior Notes due 2029 had been tendered and not withdrawn in Skyworks’ exchange offer. source
• As of September 1, 2026, $653,022,000 principal amount, or 93.29%, of the $700,000,000 outstanding 3.375% Senior Notes due 2031 had been tendered and not withdrawn in Skyworks’ exchange offer. source
• Skyworks stated that it had incurred and expected to incur substantial additional indebtedness in connection with the Mergers and related transactions, potentially reducing its operating flexibility. source