Every 424B that Skyworks Solutions Inc (SWKS) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow SWKS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SWKS filings page.
Skyworks Solutions, Inc. is conducting a primary debt offering of $2,000,000,000 in senior unsecured notes, consisting of $800,000,000 5.000% notes due 2028, $600,000,000 5.750% notes due 2032, and $600,000,000 6.250% notes due 2036. Interest is paid semi-annually, and the notes mature on August 10, 2028, January 10, 2032, and August 10, 2036, respectively.
The notes rank equally with Skyworks’ existing senior unsecured debt and are structurally subordinated to obligations of its subsidiaries. The 2028 and 2036 notes carry a special mandatory redemption at 101% of principal plus interest if the planned Qorvo mergers are not completed or the merger agreement terminates, while the 2032 notes have no such feature. All series include a change of control repurchase right at 101% upon a qualifying event and related ratings downgrade, and may be optionally redeemed by Skyworks subject to make-whole and par call terms.
Skyworks expects net proceeds of about $1.98 billion, to be used with cash on hand to fund approximately $3.00 billion in cash consideration for its proposed acquisition of Qorvo. If the mergers do not close, it currently plans to use proceeds from the 2032 notes for general corporate purposes.
Skyworks Solutions, Inc. plans a primary offering of three series of senior unsecured notes, with interest paid semi-annually and staggered maturities. The first two series are subject to a special mandatory redemption at 101% of principal plus interest if the planned merger with Qorvo is not completed or the merger agreement is terminated by specified dates, while the third series is not.
The notes rank equally with Skyworks’ existing senior unsecured debt, are effectively subordinated to secured debt and structurally subordinated to obligations of subsidiaries, and are not guaranteed by subsidiaries. Holders of any series receive a 101% change-of-control put upon a defined change of control repurchase event. Net proceeds, together with cash on hand, are intended to finance approximately $3.00 billion of cash consideration for the Qorvo Mergers; if the Mergers do not close, proceeds from one series may be used for general corporate purposes.
Skyworks describes extensive conditions and regulatory approvals required for the Qorvo Mergers, related exchange offers for existing Qorvo notes, and risks including additional leverage, potential inability to redeem notes upon a special mandatory redemption trigger, limited covenants, interest-rate and market risk, and execution and regulatory risks that could delay or prevent closing.
Skyworks Solutions, Inc. is offering up to $1,550,000,000 of new senior notes in exchange for outstanding Qorvo 4.375% 2029 and 3.375% 2031 notes. The exchange would issue up to $850,000,000 of 4.375% Skyworks 2029 Notes and up to $700,000,000 of 3.375% Skyworks 2031 Notes, with each series matching the corresponding Qorvo notes’ rates, payment dates and maturities.
The transaction includes a consent solicitation with a June 11, 2026 Early Participation Date, an expiration of the Exchange Offers at September 1, 2026, an Exchange Consideration of $950.00 of Skyworks Notes per $1,000 Qorvo principal, an Early Participation Premium of $50.00 of Skyworks Notes, and a Consent Payment ranging from $2.50 to $5.00 per $1,000. The offers are conditioned on SEC effectiveness and the closing of the Mergers with Qorvo.