Skyworks Solutions: completes exchange offers; issues $1,424,901,000 notes

What happened

• Skyworks Solutions, Inc. reported that on Oct 7, 2026 (the "Settlement Date") it completed its previously announced exchange offers and consent solicitations to holders of certain Qorvo, Inc. notes.
• The company exchanged outstanding Qorvo notes for new Skyworks senior unsecured notes and issued $778,096,000 aggregate principal amount of new 4.375% Senior Notes due 2029 and $646,805,000 aggregate principal amount of new 3.375% Senior Notes due 2031.
• Qorvo entered into supplemental indentures prior to the Settlement Date, and the Proposed Amendments to the Qorvo indentures became effective upon execution of those supplemental indentures. The New Skyworks Notes are governed by the Base Indenture dated Aug 10, 2026 and by Fourth and Fifth Supplemental Indentures dated Oct 7, 2026.

Key details

• Aggregate principal amount of Qorvo 4.375% Senior Notes due 2029 tendered and accepted: $779,384,000; amount outstanding following settlement: $70,616,000.
• Aggregate principal amount of Qorvo 3.375% Senior Notes due 2031 tendered and accepted: $647,096,000; amount outstanding following settlement: $52,904,000.
• New 2029 Skyworks Notes: $778,096,000 issued, 4.375% interest, maturity Oct 15, 2029.
• New 2031 Skyworks Notes: $646,805,000 issued, 3.375% interest, maturity Apr 1, 2031. The New Skyworks Notes are senior unsecured obligations, effectively subordinated to secured debt and structurally subordinated to obligations of Skyworks’ subsidiaries.

Why it may matter

• Reported items: Item 1.01 (entry into a material definitive agreement) and Item 2.03 (creation of a direct financial obligation). The filing covers Skyworks’ completion of the exchange offers and consent solicitations, issuance of the New Skyworks Notes, and related supplemental indentures.
• This filing does not show why the insider traded or why the company acted.