08:48 AM EDT, 08/14/2026 (MT Newswires) -- Diodes (DIOD) has priced a $325 million private placement of convertible senior notes due 2031, the company said Friday.

The company also granted the initial buyers an option to buy up to an additional $50 million of the notes.

Diodes expects net proceeds of $315.9 million, which it plans to use for capped call transactions, a $35 million share repurchase and general corporate purposes, it added.

The offering is expected to close Tuesday.