Analog Devices issued $3 billion in aggregate principal amount of senior notes across four tranches maturing in 2029, 2031, 2033, and 2036. The offering includes $500 million due September 2029 at 5.10%, $500 million due October 2031 at 5.35%, $1 billion due October 2033 at 5.60%, and $1 billion due October 2036 at 5.75%. These unsecured obligations rank equally with existing senior debt and were sold via J.P. Morgan Securities LLC under a September 15, 2026 underwriting agreement. The company operates in the semiconductor industry, designing and manufacturing analog and mixed-signal integrated circuits.
