Vishay Intertechnology Prices Offering Of $650M Of 2.25% Convertible Senior Notes Due 2030
Portfolio Pulse from Benzinga Newsdesk
Vishay Intertechnology has priced its offering of $650 million of 2.25% convertible senior notes due 2030.
September 08, 2023 | 6:40 am
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Vishay Intertechnology's pricing of $650 million of 2.25% convertible senior notes could impact its short-term liquidity and long-term debt profile.
The pricing of the convertible senior notes will increase Vishay Intertechnology's short-term liquidity, which could be positive for the stock. However, it also increases the company's long-term debt, which could be a concern for investors. The net impact on the stock price is uncertain in the short term.
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