indie Semiconductor Plans $150 Million Convertible Senior Notes Offering

Reuters03-04
indie Semiconductor Plans $150 Million Convertible Senior Notes Offering

indie Semiconductor Inc. announced a proposed private offering of $150.0 million aggregate principal amount of Convertible Senior Notes due 2031, with an option for initial purchasers to buy up to an additional $22.5 million of notes. The company said it plans to use a portion of the net proceeds to repurchase up to approximately $100.0 million of its 4.50% Convertible Senior Notes due 2027 in separately negotiated transactions, with the remainder for working capital and general corporate purposes, including potential acquisitions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. indie Semiconductor Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603031605BIZWIRE_USPR_____20260303_BW024966) on March 03, 2026, and is solely responsible for the information contained therein.

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