Xilinx, Inc. Announces Pricing of $750 Million of Senior Notes

Xilinx, Inc. Announces Pricing of $750 Million of Senior Notes May 12, 2020

SAN JOSE, Calif.--(BUSINESS WIRE)-- Xilinx, Inc. (NASDAQ: XLNX) today announced that it has priced its offering of $750 million aggregate principal amount of its 2.375% Senior Notes due 2030 (the Notes ) at a price to the public of 99.973% of their face value. The company anticipates that the offering will close on or around May 19, 2020, subject to customary closing conditions. The company intends to use the net proceeds of the offering for general corporate purposes, which may include the refinancing or repayment of debt (including its 3.000% senior notes due 2021).

The offering is being made pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission (the SEC ), and only by means of a prospectus supplement and accompanying base prospectus. BofA Securities, Inc., Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and U.S. Bancorp Investments, Inc. are acting as joint book-running managers for the offering. ANZ Securities, Inc., BNY Mellon Capital Markets, LLC, HSBC Securities (USA) Inc., MUFG Securities Americas Inc. and Westpac Capital Markets, LLC are also acting as book-running managers. To obtain a copy of the prospectus supplement, together with the accompanying prospectus, for the offering, please contact BofA Securities, Inc. by calling 1-800-294-1322, Morgan Stanley & Co. LLC by calling 1-800-718-1649, Wells Fargo Securities, LLC by calling 1-800-645-3751, Barclays Capital Inc. by calling 1-888-603-5847, Citigroup Global Markets Inc. by calling 1-800-831-9146 or U.S. Bancorp Investments, Inc. by calling 1-877-558-2607. An electronic copy of the prospectus supplement, together with the accompanying prospectus, is also available on the SEC's website, www.sec.gov.

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

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be found throughout this press release, which include statements concerning the offering of the Notes, including the anticipated use of proceeds. Forward-looking statements involve numerous known and unknown risks and uncertainties and are based on current expectations that could cause actual results to differ materially and adversely from those expressed or implied. Such risks include, but are not limited to, those discussed in the company's filings with the SEC, including in the prospectus supplement for the offering and in Part I, Item 1A, Risk Factors of our Annual Report on Form 10-K for the fiscal year ended March 28, 2020, filed with the SEC on May 8, 2020. Often, forward-looking statements can be identified by the use of forward-looking words, such as may, will, could, should, expect, believe, anticipate, estimate, continue, plan, would, intend, project and other similar terminology, or the negative of such terms. The company disclaims any responsibility to update or revise any forward-looking statement provided in this press release or in any of its other communications for any reason.

Source: Xilinx Newsroom

Category: Corporate Announcements

View source version on businesswire.com: https://www.businesswire.com/news/home/20200512005945/en/

Investor Relations Contact:

Suresh Bhaskaran

Xilinx, Inc.

(408) 879-4784

ir@xilinx.com

Source: Xilinx, Inc.

LINK:	https://www.xilinx.com/news/press/2020/xilinx-inc-announces-pricing-of...
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