January 23, 2022



MACOM proposes offering of $400m of convertible senior notes

MACOM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) says that it intends to offer (subject to market and other conditions) $400m worth of convertible senior notes due 2026. The notes will be offered and sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933 (as amended). MACOM also expects to grant the initial purchaser of the notes an option to purchase, within a 13-day period from, and including, the date of original issuance of the notes up to an additional $60m of the notes…