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Analog Devices Closes Semiconductor Industry’s First Green Bond

Analog Devices (UK) Ltd News and PR from Analog Devices (UK) Ltd - Published 01 May 2020 Proceeds from $400 Million Offering to Support Key Sustainability Initiatives
Analog Devices, Inc. (Nasdaq: ADI) has announced the successful closing of the first green bond offering in the semiconductor industry. The company's green bond issuance consisted of $400 million aggregate principal amount of 2.950% senior unsecured notes due April 2025.

''At ADI, we are committed to engineering a sustainable future and this is an important next step in driving sustainable growth for all ADI stakeholders. We are proud to lead the semiconductor industry with our green bond issuance,'' said Vincent Roche, President and CEO of Analog Devices.

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This issuance further strengthens ADI's financial position and diversifies our debt investor base

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