NORWOOD, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (Nasdaq: ADI) announced it has priced an offering of $300 million aggregate principal amount of 2.850% senior unsecured notes due March 12, 2020 and $450 million aggregate principal amount of 2.950% senior unsecured notes due January 12, 2021. The offering is being conducted pursuant to an effective registration statement under the Securities Act of 1933.

Analog Devices intends to use the net proceeds of the offering to repay a portion of the amount outstanding under its five-year term loan. This offering is expected to close on March 12, 2018, subject to customary closing conditions.

About Analog Devices

Analog Devices (Nasdaq: ADI) is the leading global high-performance analog technology company dedicated to solving the toughest engineering challenges. We enable our customers to interpret the world around us by intelligently bridging the physical and digital with unmatched technologies that sense, measure, power, connect and interpret.