Moody's: Qorvo's ratings are unchanged at Ba1 on announced offering of additional senior notes
Announcement: Moody's: Qorvo's ratings are unchanged at Ba1 on announced offering of additional senior notes. Global Credit Research- 28 May 2020. New York, May 28, 2020-- Moody's Investors Service says that Qorvo, Inc.' s ratings, including the Ba1 senior unsecured debt rating and Corporate Family Rating, remain unchanged following the announced offering of an additional $250 million of 4.375% Senior Notes due 2029.Qorvo is a holding company. Through its subsidiaries, the company designs, develops, manufactures and markets its products to U.S. and international original equipment manufacturers and original design manufacturers in two operating segments: Mobile Products, which is a supplier of cellular radio frequency (RF) and Wi-Fi solutions for mobile devices, including smartphones, wearables, laptops, tablets and cellular-based applications for the Internet of Things (IoT); and Infrastructure and Defense Products, which is a supplier of RF and system-on-a-chip solutions for cellular base stations and other wireless communications infrastructure, defense, smart home, automotive and other IoT applications.
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