Microchip Technology Inc. Enters Material Definitive Agreement
Ticker: MCHPP · Form: 8-K · Filed: Nov 12, 2024 · CIK: 827054
| Field | Detail |
|---|---|
| Company | Microchip Technology Inc (MCHPP) |
| Form Type | 8-K |
| Filed Date | Nov 12, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financing, agreement
Related Tickers: MCHP
TL;DR
Microchip just signed a big new credit deal. Details inside.
AI Summary
On November 8, 2024, Microchip Technology Inc. entered into a material definitive agreement, specifically a credit agreement, which creates a direct financial obligation for the company. The details of this agreement, including the specific dollar amounts and terms, are outlined in the filing.
Why It Matters
This filing indicates Microchip Technology Inc. has entered into a significant financial agreement, which could impact its debt structure and future financial flexibility.
Risk Assessment
Risk Level: medium — Entering into new financial obligations can introduce financial risk, depending on the terms and the company's overall debt load.
Key Players & Entities
- MICROCHIP TECHNOLOGY INC (company) — Registrant
- November 8, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 0-21184 (filing_id) — Commission File No.
- 86-0629024 (tax_id) — IRS Employer Identification No.
- 2355 West Chandler Boulevard, Chandler, Arizona 85224-6199 (address) — Principal Executive Offices
- (480) 792-7200 (phone_number) — Registrant's Telephone Number
FAQ
What type of material definitive agreement did Microchip Technology Inc. enter into?
Microchip Technology Inc. entered into a credit agreement, as indicated by the 'Creation of a Direct Financial Obligation' item information.
On what date was this material definitive agreement reported?
The date of the earliest event reported for this agreement is November 8, 2024.
What is Microchip Technology Inc.'s state of incorporation?
Microchip Technology Inc. is incorporated in Delaware.
What is the principal executive office address for Microchip Technology Inc.?
The principal executive office address is 2355 West Chandler Boulevard, Chandler, Arizona 85224-6199.
What is the SEC file number for Microchip Technology Inc.?
The SEC file number for Microchip Technology Inc. is 0-21184.
Filing Stats: 754 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2024-11-08 20:06:53
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share MCHP NASDAQ Sto
Filing Documents
- d909123d8k.htm (8-K) — 26KB
- d909123dex101.htm (EX-10.1) — 61KB
- g909123g1109002957984.jpg (GRAPHIC) — 5KB
- 0001193125-24-254346.txt ( ) — 225KB
- mchp-20241108.xsd (EX-101.SCH) — 3KB
- mchp-20241108_lab.xml (EX-101.LAB) — 17KB
- mchp-20241108_pre.xml (EX-101.PRE) — 11KB
- d909123d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Microchip Technology Incorporated Dated: November 8, 2024 By: /s/ J. Eric Bjornholt J. Eric Bjornholt Senior Vice President and Chief Financial Officer