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 principal amount. The company said it expects to use part of the net proceeds to repurchase up to about $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.
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