Analog Devices selling 10-year senior notes Wednesday

By Andrea Heisinger

New York, May 22 - Analog Devices, Inc. is expected to price 10-year senior notes (A3/A-/) Wednesday, according to a 434B3 filing with the Securities and Exchange Commission.

There is a change-of-control put at 101%.

J.P. Morgan Securities LLC is the active bookrunner.

Passive bookrunners are BofA Merrill Lynch and Credit Suisse Securities (USA) LLC.

Proceeds will be used to redeem about $393 million of notes due 2014 and for general corporate purposes.

Analog Devices was last in the U.S. bond market with a $375 million sale of five-year notes on March 30, 2011.

The maker of circuits for electronic equipment is based in Norwood, Mass.

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