Skyworks retires $40.5 million more 1.5% convertibles at discount

By Susanna Moon

Chicago, Dec. 2 - Skyworks Solutions, Inc. retired an additional $40.5 million of its 1.5% convertible notes due 2012 after the close of fiscal 2008, which ended Oct. 3, according to a 10-K filing with the Securities and Exchange Commission.

The company said it paid an average discounted price of $92.58 per $100.00 of par amount.

As a result of the buybacks, the principal balance on the convertibles issued in 2007 is $97.1 million as of Nov. 12.

Skyworks is a Woburn, Mass., maker of wireless and precision analog semiconductors.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.