04:17 PM EDT, 09/23/2025 (MT Newswires) -- Cohu ( COHU ) said Tuesday it plans to offer $200 million of convertible senior notes due 2031 in a private offering, subject to market conditions.

The company said it expects to give initial purchasers of the notes an option to buy up to an additional $30 million.

Net proceeds from the offering will be used to pay the cost of the capped call deals and for general corporate purposes, Cohu ( COHU ) said.