Marvell prices $1 billion of 5.300% senior notes due 2036
Marvell Technology completed a $1 billion public offering of 5.300% senior notes maturing April 15, 2036, with net proceeds of about $993.5 million. The company says it will use the proceeds mainly to repay debt, including its 1.650% senior notes due 2026, with any remainder for general corporate purposes such as working capital and share repurchases.
Key points
- Notes: $1,000,000,000 principal, 5.300% annual interest, paid semi-annually from October 15, 2026, maturing April 15, 2036
- Net proceeds of approximately $993.5 million after the underwriters' discount, before other expenses
- Proceeds earmarked for repaying debt, including the 1.650% senior notes due 2026
- Underwriters bought the notes at 99.235% of principal; Wells Fargo Securities, BofA Securities, J.P. Morgan and Mizuho Securities were representatives
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.