IFLR1000

Qorvo $1 billion 6.75% and 7% high yield offering

19/11/2015
High-yield bond/note issue
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$ 1 billion

Completed

19/11/2015

Overview:

  • Semiconductor company Qorvo has made a $1 billion high yield offering. 
  • The offering consisted of $450 million 6.75% notes and $550 million 7% notes. 
  • Proceeds will be used for general corporate purposes. 

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

High-yield bond/note issue

Practice area:

Capital markets : High yield

Governing law:

United States

Industry sectors:

Industrials and manufacturing
Technology and telecommunications

Firms:
Cahill Gordon & Reindel

Party: BofA Merrill Lynch (Joint bookrunner)

Party: Morgan Stanley (Joint bookrunner)

Party: TD Securities (Joint bookrunner)

Party: Wells Fargo Securities (Joint bookrunner)

Lawyer: James Clark

Womble Bond Dickinson

Party: Qorvo (Issuer)

Lawyer: Sudhir Shenoy

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