{"success":true,"data":{"pressRelease":{"id":"161143","rtpr_id":"nGNX2dpRWm-20261005","ticker":"SWKS","exchange":"NASDAQ","all_tickers":["SWKS"],"title":"Skyworks Announces Expiration and Final Results of Exchange Offers for Qorvo’s Senior Notes due 2029 and 2031","author":"Globe Newswire","published_at":"2026-10-05T22:43:40.116Z","article_body":"IRVINE, Calif., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc.\n(Nasdaq: SWKS) (“Skyworks”), a leading developer, manufacturer and\nprovider of analog and mixed-signal semiconductors and solutions for numerous\napplications, today announced the expiration and final results of its\npreviously announced offers to holders of Qorvo Notes (as defined herein) to\nexchange (the “Exchange Offers”) any and all outstanding 4.375% Senior\nNotes due 2029 (the “2029 Qorvo Notes”) and any and all outstanding 3.375%\nSenior Notes due 2031 (the “2031 Qorvo Notes” and, together with the 2029\nQorvo Notes, the “Qorvo Notes”) issued by Qorvo, Inc. (“Qorvo”) as set\nforth in the table below for (1) with respect to the 2029 Qorvo Notes, up to\n$850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029\n(the “New 2029 Skyworks Notes”) issued by Skyworks and (2) with respect to\nthe 2031 Qorvo Notes, up to $700,000,000 aggregate principal amount of new\n3.375% Senior Notes due 2031 (the “New 2031 Skyworks Notes”) issued by\nSkyworks.\n\nExpiration Date\n\nThe Withdrawal Deadline occurred and the Exchange Offers expired at\n5:00 p.m., New York City time, on October 5, 2026 (such date and time, the\n“Expiration Date”). Therefore, any Qorvo Notes validly tendered in the\nExchange Offers can no longer be withdrawn and no additional Qorvo Notes may\nbe tendered in the Exchange Offers. Capitalized terms used but not defined\nherein have the respective meanings set forth in the Prospectus.\n\nFinal Results\n\nGlobal Bondholder Services Corporation, the information agent for the Exchange\nOffers, has advised Skyworks that as of the Expiration Date, the following\nrespective principal amounts of each series of Qorvo Notes had been validly\ntendered and not validly withdrawn:\n\n Title of Qorvo Notes / CUSIP / ISIN No.                                                                                                      Principal Amount      Principal Amount      Percentage  \n                                                                                                                                              Outstanding           Tendered                          \n 4.375% Senior Notes due 2029  Registered:  74736KAH4 / US74736KAH41  144A: 74736KAG6 / US74736KAG67  Regulation S: U7471QAF1 / USU7471QAF10  $850,000,000          $779,422,000          91.70%      \n 3.375% Senior Notes due 2031  144A: 74736KAJ0 / US74736KAJ07  Regulation S: U7471QAJ3 / USU7471QAJ32                                         $700,000,000          $647,096,000          92.44%      \n                                                                                                                                                                                                      \n\nSkyworks expects that it will issue $778,096,000 aggregate principal amount\nof New 2029 Skyworks Notes and $646,805,000 aggregate principal amount of New\n2031 Skyworks Notes on the settlement date.\n\nSettlement Date\n\nThe settlement date is expected to occur on or about October 7, 2026.\n\nAdditional Information\n\nThe Exchange Offers were made pursuant to the terms and subject to the\nconditions set forth in Skyworks’ registration statement on Form S-4, which\nwas declared effective on May 29, 2026, and the related final prospectus\nfiled with the U.S. Securities and Exchange Commission (the “SEC”) on\nMay 29, 2026 (as it may be amended or supplemented from time to time, the\n“Prospectus”).\n\nThe complete terms and conditions of the Exchange Offers are described in the\nProspectus, a copy of which may be obtained by contacting Global Bondholder\nServices Corporation, the exchange agent and information agent in connection\nwith the Exchange Offers, at (855) 654-2015 (U.S. toll-free) or (212) 430-3774\n(banks and brokers) or contact@gbsc-usa.com. Questions regarding the terms and\nconditions of the Exchange Offers should be directed to the dealer manager,\nGoldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Collect:\n(212) 357-1452, Toll-Free: (800) 828-3182.\n\nThis press release does not constitute an offer to sell or purchase, or a\nsolicitation of an offer to purchase or sell, any security. No offer,\nsolicitation, purchase or sale will be made in any jurisdiction in which such\nan offer, solicitation, or sale would be unlawful. The Exchange Offers are\nbeing made solely pursuant to the Prospectus and only to such persons and in\nsuch jurisdictions as is permitted under applicable law.\n\nAbout Skyworks\n\nSkyworks Solutions, Inc. is empowering the wireless networking revolution.\nSkyworks is a leading developer, manufacturer and provider of analog and\nmixed-signal semiconductors and solutions for numerous applications, including\naerospace, automotive, broadband, cellular infrastructure, connected home,\ndefense, entertainment and gaming, industrial, medical, smartphone, tablet and\nwearables.\n\nSkyworks is a global company with engineering, marketing, operations, sales\nand support facilities located throughout Asia, Europe and North America and\nis a member of the S&P 500® market index (Nasdaq: SWKS).\n\nSafe Harbor Statement\n\nThis press release includes “forward-looking statements.” Forward-looking\nstatements relate to future events, including, but not limited to, the\nExchange Offers. These forward-looking statements include information relating\nto future events, prospects, expectations and results of Skyworks (e.g.,\ncertain projections and business trends, including with respect to future\nsales and revenue, as well as plans for dividend payments). Forward-looking\nstatements can often be identified by words such as “anticipates,”\n“estimates,” “expects,” “forecasts,” “intends,”\n“believes,” “plans,” “may,” “will” or “continue,” and\nsimilar expressions and variations or negatives of these words. All such\nstatements are subject to certain risks, uncertainties and other important\nfactors that could cause actual results to differ materially and adversely\nfrom those projected and may affect Skyworks’ future operating results,\nfinancial position and cash flows.\n\nThese risks, uncertainties and other important factors include: the risks of\ndoing business internationally, including from trade war or trade protection\nmeasures (e.g., tariffs, retaliatory tariffs and other countermeasures or\ntaxes), increased import/export restrictions and controls (e.g., Skyworks’\nability to obtain foreign-sourced raw materials, including from Chinese-based\nsources, as well as Skyworks’ ability to sell products to certain specified\nforeign entities only pursuant to a limited export license from the U.S.\nDepartment of Commerce), the susceptibility of the semiconductor industry and\nthe markets addressed by Skyworks’, and Skyworks’ customers’, products\nto economic cycles or changes in economic conditions, including inflation and\nrecession that could result from trade war or trade protection measures;\nSkyworks’ reliance on a small number of key customers for a large percentage\nof Skyworks’ sales; decreased gross margins and loss of market share as a\nresult of increased competition; Skyworks’ ability to obtain design wins\nfrom customers; Skyworks’ ability to convert design wins into revenue;\nmarket acceptance of Skyworks’ products and Skyworks’ customers’\nproducts, including market acceptance of new, emerging technologies such as\nAI; the mix and volume of phone models sold by Skyworks’ largest customer;\nthe potential impacts on Skyworks’ business, reputation, relationships,\nresults of operations, cash flows and financial condition as a result of the\nMergers and related transactions with Qorvo; the possibility that expected\nbenefits related to such transactions with Qorvo may not materialize as\nexpected; Skyworks or Qorvo’s business experiencing disruptions as a result\nof the Mergers and related transactions or due to transaction-related\nuncertainty or other factors making it more difficult to maintain\nrelationships with employees, customers, other business partners or\ngovernmental entities; Skyworks and Qorvo being unable to successfully\nimplement integration strategies or to achieve expected synergies and\noperating efficiencies within the expected time-frames or at all; the costs,\nfees, expenses and other charges related to the Mergers and related\ntransactions with Qorvo, including with respect to any related litigation;\nreduced flexibility in operating Skyworks’ business as a result of the\nsubstantial amount of additional indebtedness Skyworks has incurred and\nexpects to incur in connection with the Mergers and related transactions;\ndelays in the deployment of commercial 5G networks or in consumer adoption of\n5G-enabled devices; the volatility of Skyworks’ stock price; changes in\nlaws, regulations and/or policies that could adversely affect Skyworks’\noperations and financial results, the economy and Skyworks’ customers’\ndemand for Skyworks’ products, or the financial markets and Skyworks’\nability to raise capital; fluctuations in Skyworks’ manufacturing yields due\nto Skyworks’ complex and specialized manufacturing processes; Skyworks’\nability to develop, manufacture and market innovative products, avoid product\nobsolescence, reduce costs in a timely manner, transition Skyworks’ products\nto smaller geometry process technologies and achieve higher levels of design\nintegration; the quality of Skyworks’ products and any defect remediation\ncosts; Skyworks’ products’ ability to perform under stringent operating\nconditions; the availability and pricing of third-party semiconductor foundry,\nassembly and test capacity, raw materials, including rare earth and similar\nminerals, supplier components, equipment and shipping and logistics services,\nincluding limits on Skyworks’ customers’ ability to obtain such services\nand materials; risks that Skyworks may not be able to optimize Skyworks’\nmanufacturing footprint and achieve any financial and operational benefits\nfrom such efforts, including reducing fixed costs or improving utilization\nrates, disruptions to Skyworks’ manufacturing processes, including relating\nto any relocation of Skyworks’ key facilities; Skyworks’ ability to\nsuccessfully manage Skyworks’ senior management transitions; Skyworks’\nability to retain, recruit and hire key executives or the departure of any\nsuch executives, technical personnel and other employees in the positions and\nnumbers, with the experience and capabilities, and at the compensation levels\nneeded to implement Skyworks’ business and product plans; the timing,\nrescheduling or cancellation of significant customer orders and Skyworks’\nability, as well as the ability of Skyworks’ customers, to manage inventory;\nother economic, social, military and geopolitical conditions in the countries\nin which Skyworks, Skyworks’ customers or Skyworks’ suppliers operate,\nincluding the conflicts in Ukraine, Iran and other regions in the Middle East,\npossible disruptions in transportation networks, and fluctuations in foreign\ncurrency exchange rates; the effects of global health crises on business\nconditions in Skyworks’ industry, including the risk of significant\ndisruptions to Skyworks’ business operations, as well as negative impacts to\nSkyworks’ financial condition; Skyworks’ ability to prevent theft of\nSkyworks’ intellectual property, disclosure of confidential information or\nbreaches of Skyworks’ information technology systems; uncertainties of\nlitigation, including Skyworks’ ongoing securities litigation, potential\ndisputes over intellectual property infringement and rights, as well as\npayments related to the licensing and/or sale of such rights; Skyworks’\nability to continue to grow and maintain an intellectual property portfolio\nand obtain needed licenses from third parties; Skyworks’ ability to make\ncertain investments and acquisitions, integrate companies Skyworks acquires\nand/or enter into strategic alliances; and other risks and uncertainties,\nincluding those detailed from time to time in Skyworks’ filings with the\nSecurities and Exchange Commission.\n\nThe forward-looking statements contained in this press release are made only\nas of the date hereof, and Skyworks undertakes no obligation to update or\nrevise the forward-looking statements, whether as a result of new information,\nfuture events or otherwise.\n\nNote to Editors: Skyworks and the Skyworks symbol are trademarks or registered\ntrademarks of Skyworks Solutions, Inc., or its subsidiaries in the United\nStates and other countries. Third-party brands and names are for\nidentification purposes only and are the property of their respective owners.\n\n Media Relations: Constance Griffiths (949) 230-4867 Constance.Griffiths@skyworks.com         Investor Relations: Raji Gill (949) 508-0973 Raji.Gill@skyworks.com        \n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/35404c49-5762-430d-b229-736e95dbc5c1)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX2dpRWm-20261005","title":"Skyworks Announces Expiration and Final Results of Exchange Offers for Qorvo’s Senior Notes due 2029 and 2031","author":"Globe Newswire","ticker":"SWKS","created":"2026-10-05T22:43:40.116Z","tickers":["SWKS"],"exchange":"NASDAQ","article_body":"IRVINE, Calif., Oct. 05, 2026 (GLOBE NEWSWIRE) -- Skyworks Solutions, Inc.\n(Nasdaq: SWKS) (“Skyworks”), a leading developer, manufacturer and\nprovider of analog and mixed-signal semiconductors and solutions for numerous\napplications, today announced the expiration and final results of its\npreviously announced offers to holders of Qorvo Notes (as defined herein) to\nexchange (the “Exchange Offers”) any and all outstanding 4.375% Senior\nNotes due 2029 (the “2029 Qorvo Notes”) and any and all outstanding 3.375%\nSenior Notes due 2031 (the “2031 Qorvo Notes” and, together with the 2029\nQorvo Notes, the “Qorvo Notes”) issued by Qorvo, Inc. (“Qorvo”) as set\nforth in the table below for (1) with respect to the 2029 Qorvo Notes, up to\n$850,000,000 aggregate principal amount of new 4.375% Senior Notes due 2029\n(the “New 2029 Skyworks Notes”) issued by Skyworks and (2) with respect to\nthe 2031 Qorvo Notes, up to $700,000,000 aggregate principal amount of new\n3.375% Senior Notes due 2031 (the “New 2031 Skyworks Notes”) issued by\nSkyworks.\n\nExpiration Date\n\nThe Withdrawal Deadline occurred and the Exchange Offers expired at\n5:00 p.m., New York City time, on October 5, 2026 (such date and time, the\n“Expiration Date”). Therefore, any Qorvo Notes validly tendered in the\nExchange Offers can no longer be withdrawn and no additional Qorvo Notes may\nbe tendered in the Exchange Offers. Capitalized terms used but not defined\nherein have the respective meanings set forth in the Prospectus.\n\nFinal Results\n\nGlobal Bondholder Services Corporation, the information agent for the Exchange\nOffers, has advised Skyworks that as of the Expiration Date, the following\nrespective principal amounts of each series of Qorvo Notes had been validly\ntendered and not validly withdrawn:\n\n Title of Qorvo Notes / CUSIP / ISIN No.                                                                                                      Principal Amount      Principal Amount      Percentage  \n                                                                                                                                              Outstanding           Tendered                          \n 4.375% Senior Notes due 2029  Registered:  74736KAH4 / US74736KAH41  144A: 74736KAG6 / US74736KAG67  Regulation S: U7471QAF1 / USU7471QAF10  $850,000,000          $779,422,000          91.70%      \n 3.375% Senior Notes due 2031  144A: 74736KAJ0 / US74736KAJ07  Regulation S: U7471QAJ3 / USU7471QAJ32                                         $700,000,000          $647,096,000          92.44%      \n                                                                                                                                                                                                      \n\nSkyworks expects that it will issue $778,096,000 aggregate principal amount\nof New 2029 Skyworks Notes and $646,805,000 aggregate principal amount of New\n2031 Skyworks Notes on the settlement date.\n\nSettlement Date\n\nThe settlement date is expected to occur on or about October 7, 2026.\n\nAdditional Information\n\nThe Exchange Offers were made pursuant to the terms and subject to the\nconditions set forth in Skyworks’ registration statement on Form S-4, which\nwas declared effective on May 29, 2026, and the related final prospectus\nfiled with the U.S. Securities and Exchange Commission (the “SEC”) on\nMay 29, 2026 (as it may be amended or supplemented from time to time, the\n“Prospectus”).\n\nThe complete terms and conditions of the Exchange Offers are described in the\nProspectus, a copy of which may be obtained by contacting Global Bondholder\nServices Corporation, the exchange agent and information agent in connection\nwith the Exchange Offers, at (855) 654-2015 (U.S. toll-free) or (212) 430-3774\n(banks and brokers) or contact@gbsc-usa.com. Questions regarding the terms and\nconditions of the Exchange Offers should be directed to the dealer manager,\nGoldman Sachs & Co. LLC, 200 West Street, New York, New York 10282, Collect:\n(212) 357-1452, Toll-Free: (800) 828-3182.\n\nThis press release does not constitute an offer to sell or purchase, or a\nsolicitation of an offer to purchase or sell, any security. No offer,\nsolicitation, purchase or sale will be made in any jurisdiction in which such\nan offer, solicitation, or sale would be unlawful. The Exchange Offers are\nbeing made solely pursuant to the Prospectus and only to such persons and in\nsuch jurisdictions as is permitted under applicable law.\n\nAbout Skyworks\n\nSkyworks Solutions, Inc. is empowering the wireless networking revolution.\nSkyworks is a leading developer, manufacturer and provider of analog and\nmixed-signal semiconductors and solutions for numerous applications, including\naerospace, automotive, broadband, cellular infrastructure, connected home,\ndefense, entertainment and gaming, industrial, medical, smartphone, tablet and\nwearables.\n\nSkyworks is a global company with engineering, marketing, operations, sales\nand support facilities located throughout Asia, Europe and North America and\nis a member of the S&P 500® market index (Nasdaq: SWKS).\n\nSafe Harbor Statement\n\nThis press release includes “forward-looking statements.” Forward-looking\nstatements relate to future events, including, but not limited to, the\nExchange Offers. These forward-looking statements include information relating\nto future events, prospects, expectations and results of Skyworks (e.g.,\ncertain projections and business trends, including with respect to future\nsales and revenue, as well as plans for dividend payments). Forward-looking\nstatements can often be identified by words such as “anticipates,”\n“estimates,” “expects,” “forecasts,” “intends,”\n“believes,” “plans,” “may,” “will” or “continue,” and\nsimilar expressions and variations or negatives of these words. All such\nstatements are subject to certain risks, uncertainties and other important\nfactors that could cause actual results to differ materially and adversely\nfrom those projected and may affect Skyworks’ future operating results,\nfinancial position and cash flows.\n\nThese risks, uncertainties and other important factors include: the risks of\ndoing business internationally, including from trade war or trade protection\nmeasures (e.g., tariffs, retaliatory tariffs and other countermeasures or\ntaxes), increased import/export restrictions and controls (e.g., Skyworks’\nability to obtain foreign-sourced raw materials, including from Chinese-based\nsources, as well as Skyworks’ ability to sell products to certain specified\nforeign entities only pursuant to a limited export license from the U.S.\nDepartment of Commerce), the susceptibility of the semiconductor industry and\nthe markets addressed by Skyworks’, and Skyworks’ customers’, products\nto economic cycles or changes in economic conditions, including inflation and\nrecession that could result from trade war or trade protection measures;\nSkyworks’ reliance on a small number of key customers for a large percentage\nof Skyworks’ sales; decreased gross margins and loss of market share as a\nresult of increased competition; Skyworks’ ability to obtain design wins\nfrom customers; Skyworks’ ability to convert design wins into revenue;\nmarket acceptance of Skyworks’ products and Skyworks’ customers’\nproducts, including market acceptance of new, emerging technologies such as\nAI; the mix and volume of phone models sold by Skyworks’ largest customer;\nthe potential impacts on Skyworks’ business, reputation, relationships,\nresults of operations, cash flows and financial condition as a result of the\nMergers and related transactions with Qorvo; the possibility that expected\nbenefits related to such transactions with Qorvo may not materialize as\nexpected; Skyworks or Qorvo’s business experiencing disruptions as a result\nof the Mergers and related transactions or due to transaction-related\nuncertainty or other factors making it more difficult to maintain\nrelationships with employees, customers, other business partners or\ngovernmental entities; Skyworks and Qorvo being unable to successfully\nimplement integration strategies or to achieve expected synergies and\noperating efficiencies within the expected time-frames or at all; the costs,\nfees, expenses and other charges related to the Mergers and related\ntransactions with Qorvo, including with respect to any related litigation;\nreduced flexibility in operating Skyworks’ business as a result of the\nsubstantial amount of additional indebtedness Skyworks has incurred and\nexpects to incur in connection with the Mergers and related transactions;\ndelays in the deployment of commercial 5G networks or in consumer adoption of\n5G-enabled devices; the volatility of Skyworks’ stock price; changes in\nlaws, regulations and/or policies that could adversely affect Skyworks’\noperations and financial results, the economy and Skyworks’ customers’\ndemand for Skyworks’ products, or the financial markets and Skyworks’\nability to raise capital; fluctuations in Skyworks’ manufacturing yields due\nto Skyworks’ complex and specialized manufacturing processes; Skyworks’\nability to develop, manufacture and market innovative products, avoid product\nobsolescence, reduce costs in a timely manner, transition Skyworks’ products\nto smaller geometry process technologies and achieve higher levels of design\nintegration; the quality of Skyworks’ products and any defect remediation\ncosts; Skyworks’ products’ ability to perform under stringent operating\nconditions; the availability and pricing of third-party semiconductor foundry,\nassembly and test capacity, raw materials, including rare earth and similar\nminerals, supplier components, equipment and shipping and logistics services,\nincluding limits on Skyworks’ customers’ ability to obtain such services\nand materials; risks that Skyworks may not be able to optimize Skyworks’\nmanufacturing footprint and achieve any financial and operational benefits\nfrom such efforts, including reducing fixed costs or improving utilization\nrates, disruptions to Skyworks’ manufacturing processes, including relating\nto any relocation of Skyworks’ key facilities; Skyworks’ ability to\nsuccessfully manage Skyworks’ senior management transitions; Skyworks’\nability to retain, recruit and hire key executives or the departure of any\nsuch executives, technical personnel and other employees in the positions and\nnumbers, with the experience and capabilities, and at the compensation levels\nneeded to implement Skyworks’ business and product plans; the timing,\nrescheduling or cancellation of significant customer orders and Skyworks’\nability, as well as the ability of Skyworks’ customers, to manage inventory;\nother economic, social, military and geopolitical conditions in the countries\nin which Skyworks, Skyworks’ customers or Skyworks’ suppliers operate,\nincluding the conflicts in Ukraine, Iran and other regions in the Middle East,\npossible disruptions in transportation networks, and fluctuations in foreign\ncurrency exchange rates; the effects of global health crises on business\nconditions in Skyworks’ industry, including the risk of significant\ndisruptions to Skyworks’ business operations, as well as negative impacts to\nSkyworks’ financial condition; Skyworks’ ability to prevent theft of\nSkyworks’ intellectual property, disclosure of confidential information or\nbreaches of Skyworks’ information technology systems; uncertainties of\nlitigation, including Skyworks’ ongoing securities litigation, potential\ndisputes over intellectual property infringement and rights, as well as\npayments related to the licensing and/or sale of such rights; Skyworks’\nability to continue to grow and maintain an intellectual property portfolio\nand obtain needed licenses from third parties; Skyworks’ ability to make\ncertain investments and acquisitions, integrate companies Skyworks acquires\nand/or enter into strategic alliances; and other risks and uncertainties,\nincluding those detailed from time to time in Skyworks’ filings with the\nSecurities and Exchange Commission.\n\nThe forward-looking statements contained in this press release are made only\nas of the date hereof, and Skyworks undertakes no obligation to update or\nrevise the forward-looking statements, whether as a result of new information,\nfuture events or otherwise.\n\nNote to Editors: Skyworks and the Skyworks symbol are trademarks or registered\ntrademarks of Skyworks Solutions, Inc., or its subsidiaries in the United\nStates and other countries. Third-party brands and names are for\nidentification purposes only and are the property of their respective owners.\n\n Media Relations: Constance Griffiths (949) 230-4867 Constance.Griffiths@skyworks.com         Investor Relations: Raji Gill (949) 508-0973 Raji.Gill@skyworks.com        \n\n\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/35404c49-5762-430d-b229-736e95dbc5c1)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-05T22:43:40.168131113Z","server_sent_at_ms":1791240220168},"received_at":"2026-10-05T22:43:40.223Z","source_url":null},"analysis":{"id":"149687","press_release_id":"161143","analysis_json":{"industry":{"label":"Semiconductors & Semiconductor Equipment","sector":"Information Technology"},"redFlags":["Skyworks assumes substantial additional indebtedness in connection with the Qorvo mergers","ongoing securities litigation referenced in risk factors"],"eventType":"debt_offering","narrative":"Skyworks announced final results of its exchange offers for Qorvo's 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031, which expired October 5, 2026 with strong participation.\n\nHolders tendered 91.70% of the 2029 notes ($779.4M of $850M outstanding) and 92.44% of the 2031 notes ($647.1M of $700M outstanding). Skyworks expects to issue $778.1M of New 2029 Skyworks Notes and $646.8M of New 2031 Skyworks Notes at settlement on or about October 7, 2026.\n\nThe exchange extends Skyworks' obligation onto its own credit in connection with the pending Qorvo mergers; the safe-harbor section reiterates risks from substantial additional indebtedness tied to the transaction.","sentiment":"neutral","agentHooks":{"shouldPost":true,"suggestedAngle":"Qorvo note exchange closes with ~92% participation -- merger financing mechanics on track, settlement Oct 7."},"keyFigures":{"customDimensions":{"tendered_2029":779422000,"tendered_2031":647096000,"tendered_2029_pct":"91.70%","tendered_2031_pct":"92.44%","new_2029_notes_issued":778096000,"new_2031_notes_issued":646805000}},"namedEntities":{"people":[],"products":["4.375% Senior Notes due 2029","3.375% Senior Notes due 2031"],"companies":[{"name":"Skyworks Solutions, Inc.","ticker":"SWKS","relationship":"issuer of new notes / filer"},{"name":"Qorvo, Inc.","ticker":"QRVO","relationship":"target / original notes issuer"},{"name":"Goldman Sachs & Co. LLC","relationship":"dealer manager"},{"name":"Global Bondholder Services Corporation","relationship":"exchange/information agent"}],"dollarAmounts":[{"amount":"$850,000,000","context":"max New 2029 Skyworks Notes / outstanding 2029 Qorvo Notes"},{"amount":"$700,000,000","context":"max New 2031 Skyworks Notes / outstanding 2031 Qorvo Notes"},{"amount":"$779,422,000","context":"2029 Qorvo Notes validly tendered"},{"amount":"$647,096,000","context":"2031 Qorvo Notes validly tendered"},{"amount":"$778,096,000","context":"New 2029 Skyworks Notes to be issued at settlement"},{"amount":"$646,805,000","context":"New 2031 Skyworks Notes to be issued at settlement"}]},"materialImpact":{"score":3,"reasoning":"Administrative completion of a previously announced debt exchange tied to the Qorvo merger, with ~92% participation. Mechanically important for capital structure but not a new strategic development."},"tickerRelevance":{"others":[{"ticker":"QRVO","relevance":"target"}],"primary":"SWKS"},"globalImportance":30,"audienceRelevance":35,"eventTypeSecondary":["m_and_a"],"importanceComponents":{"tickerTier":"S&P 500 large-cap","eventGravity":"routine debt exchange completion","mergerLinkage":true,"participationRate":"high (~92%)"}},"event_type":"debt_offering","event_type_secondary":["m_and_a"],"sentiment":"neutral","material_impact_score":3,"narrative":"Skyworks announced final results of its exchange offers for Qorvo's 4.375% Senior Notes due 2029 and 3.375% Senior Notes due 2031, which expired October 5, 2026 with strong participation.\n\nHolders tendered 91.70% of the 2029 notes ($779.4M of $850M outstanding) and 92.44% of the 2031 notes ($647.1M of $700M outstanding). Skyworks expects to issue $778.1M of New 2029 Skyworks Notes and $646.8M of New 2031 Skyworks Notes at settlement on or about October 7, 2026.\n\nThe exchange extends Skyworks' obligation onto its own credit in connection with the pending Qorvo mergers; the safe-harbor section reiterates risks from substantial additional indebtedness tied to the transaction.","key_figures":{"customDimensions":{"tendered_2029":779422000,"tendered_2031":647096000,"tendered_2029_pct":"91.70%","tendered_2031_pct":"92.44%","new_2029_notes_issued":778096000,"new_2031_notes_issued":646805000}},"named_entities":{"people":[],"products":["4.375% Senior Notes due 2029","3.375% Senior Notes due 2031"],"companies":[{"name":"Skyworks Solutions, Inc.","ticker":"SWKS","relationship":"issuer of new notes / filer"},{"name":"Qorvo, Inc.","ticker":"QRVO","relationship":"target / original notes issuer"},{"name":"Goldman Sachs & Co. LLC","relationship":"dealer manager"},{"name":"Global Bondholder Services Corporation","relationship":"exchange/information agent"}],"dollarAmounts":[{"amount":"$850,000,000","context":"max New 2029 Skyworks Notes / outstanding 2029 Qorvo Notes"},{"amount":"$700,000,000","context":"max New 2031 Skyworks Notes / outstanding 2031 Qorvo Notes"},{"amount":"$779,422,000","context":"2029 Qorvo Notes validly tendered"},{"amount":"$647,096,000","context":"2031 Qorvo Notes validly tendered"},{"amount":"$778,096,000","context":"New 2029 Skyworks Notes to be issued at settlement"},{"amount":"$646,805,000","context":"New 2031 Skyworks Notes to be issued at settlement"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T22:43:46.789Z","global_importance":30,"audience_relevance":35,"importance_components":{"tickerTier":"S&P 500 large-cap","eventGravity":"routine debt exchange completion","mergerLinkage":true,"participationRate":"high (~92%)"}},"durationMs":6547,"modelName":"glm-5.3-flashx"}}