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Analog Devices Announces Offering and Pricing of Senior Notes

Analog Devices, Inc. announced it has priced an offering of $300 million aggregate principal amount of 2.850% senior unsecured notes due March 12, 2020 and $450 million aggregate principal amount of 2.950% senior unsecured notes due January 12, 2021. The offering is being conducted pursuant to an effective registration statement under the Securities Act of 1933.

Analog Devices intends to use the net proceeds of the offering to repay a portion of the amount outstanding under its five-year term loan. This offering is expected to close on March 12, 2018, subject to customary closing conditions.

The joint book-running managers for the offering are Merrill Lynch, Pierce, Fenner & Smith Incorporated, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC.

The co-manager is The Williams Capital Group, L.P.

Analog Devices has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read these documents and other documents Analog Devices has filed with the SEC for more complete information about Analog Devices and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Analog Devices or any underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-800-294-1322; MUFG Securities Americas Inc. toll-free at 1877-649-6848; SMBC Nikko Securities America, Inc. at 1-888-868-6856; or Wells Fargo Securities, LLC at 1-800-645-3751.

This communication shall not constitute an offer to sell or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Source: https://www.analog.com/en/index.html

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