Synaptics (SYNA) Announces Proposed Convertible Senior Notes Offering

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Synaptics Incorporated Announces Proposed Convertible Senior Notes Offering

November 13, 2024 4:01 PM EST

SAN JOSE, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Synaptics® Incorporated (Nasdaq: SYNA) today announced its intention to offer, subject to market and other conditions, $400.0 million aggregate principal amount of convertible senior notes due 2031 (the notes) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Synaptics also expects to... More