GlobeNewswire·Sep 1, 2026, 8:04 PM ET

Skyworks Announces Extension of Expiration Date of Exchange Offers for Qorvo’s Senior Notes due 2029 and 2031

Skyworks Solutions extended the expiration date for its exchange offers for Qorvo Senior Notes from September 1, 2026, to September 11, 2026.
The exchange allows holders of 4.375% Senior Notes due 2029 to swap up to $850 million of their holdings for new Skyworks notes, while holders of 3.375% Senior Notes due 2031 can swap up to $700 million.
As of September 1, 2026, 90.55% of the 2029 Qorvo Notes and 93.36% of the 2031 Qorvo Notes had been validly tendered.
Skyworks aims to close the planned mergers with Qorvo within the 2026 calendar year, though no guarantees are provided regarding the timeline.
The settlement date for the exchange offers is expected to occur promptly after the expiration date, but no earlier than the second business day following the merger closing.
Both exchange offers are conditioned on the closing of the mergers where Qorvo merges into a Skyworks subsidiary, though the merger closing is not dependent on the exchange offer results.
Existing valid tenders remain effective without re-tendering, while new or withdrawn tenders can be submitted until the extended expiration date.
The exchange offers are governed by a Form S-4 registration statement declared effective on May 29, 2026, filed with the U.S. Securities and Exchange Commission.
Goldman Sachs & Co. LLC serves as the dealer manager, while Global Bondholder Services Corporation acts as the information agent for the exchange process.