Marvell Technology, Inc. Announces Results of Senior Notes Exchange

 Marvell Technology, Inc. Announces Results of Senior Notes Exchange

SANTA CLARA, Calif., Oct. 8, 2021 /PRNewswire/ — Marvell Technology, Inc. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, announced today the final results of the Company’s offer to exchange certain of the Company’s outstanding unregistered notes for new registered notes (the “Exchange Offer”).

Under the Exchange Offer, the Company offered to exchange up to (i) $500,000,000 aggregate principal amount of new 1.650% Senior Notes due 2026 (the “Outstanding 2026 Notes“), (ii) $750,000,000 aggregate principal amount of new 2.450% Senior Notes due 2028 (the “Outstanding 2028 Notes“), and (iii) $750,000,000 aggregate principal amount of new 2.950% Senior Notes due 2031 (the “Outstanding 2031 Notes” and together with the Outstanding 2026 Notes and the Outstanding 2028 Notes, the “Exchange Notes“), the issuance of which has been registered under the Securities Act of 1933, as amended (the “Securities Act“), for a…

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