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Cohu Prices Upsized $260 Million Convertible Notes Private Offering
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Cohu Prices Upsized $260 Million Convertible Notes Private Offering
Sep 25, 2025 2:46 AM

05:18 AM EDT, 09/25/2025 (MT Newswires) -- Cohu ( COHU ) said late Wednesday it priced a private offering of $260 million of 1.5% convertible senior notes due Jan. 15, 2031, upsized from a previously planned $200 million.

Initial purchasers have an option to buy up to an additional $27.5 million of the notes.

The company expects the offering to close Monday and plans to use the net proceeds to enter into certain capped call transactions and for general corporate purposes.

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