Davis Polk & Wardwell: Microchip Technology Incorporated Convertible Notes Exchanges
March 25, 2020
March 25, 2020
NEW YORK, March 25 -- Davis Polk and Wardwell, a law firm, issued the following news:
Davis Polk is advising the financial adviser to Microchip Technology Incorporated in connection with Microchip's privately negotiated exchanges of $615 million aggregate principal amount of its outstanding 1.625% convertible senior subordinated notes due 2025 for approximately $615 million plus accrued and unpaid interest in cash and approximately 3,100,000 shares of Microchip's common stock.
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Davis Polk is advising the financial adviser to Microchip Technology Incorporated in connection with Microchip's privately negotiated exchanges of $615 million aggregate principal amount of its outstanding 1.625% convertible senior subordinated notes due 2025 for approximately $615 million plus accrued and unpaid interest in cash and approximately 3,100,000 shares of Microchip's common stock.
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