Banking Recap

MACOM Technology Solutions Holdings, Inc. Prices Notes Offering for $288.8M

This is a convertible notes exchange and private placement, classified under the debt capital markets (dcm) product group, in the tech sector, with MACOM Technology Solutions Holdings, Inc. (ticker MTSI) as issuer. The disclosed transaction value is $288,800,000.

Dec 13, 2024·SEC EDGAR (8-K)·pending regulatory·convertible notes exchange and private placement

Deal value

The facts are sourced from an 8-K filed with the SEC via EDGAR, published on December 13, 2024. The deal's current status is pending regulatory review.

Two financial advisors are identified, both serving the issuer, without a lead designation specified for either. Barclays Capital Inc. and J. Wood Capital Advisors LLC both acted as MACOM's financial advisors in connection with the transactions, per the source sentence: "J. Wood Capital Advisors LLC and Barclays Capital Inc. acted as MACOM's financial advisors in connection with the Transactions."

No legal advisors were extracted for this transaction in the available facts block.

Beyond the classification of this transaction as a convertible notes exchange and private placement with a disclosed value of $288,800,000, no further detail on the notes' coupon, maturity, conversion price, or the structure of the private placement is included in the facts provided.

Several items are not disclosed in this record: no legal advisors are identified, the coupon, maturity, and conversion terms of the convertible notes are not specified, and no expected closing date is given beyond the pending-regulatory status.