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Published on 5/26/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Skyworks Solutions retires $20.4 million of convertibles due 2012

By Angela McDaniels

Tacoma, Wash., May 26 - Skyworks Solutions, Inc. retired $20.4 million of its convertible notes due March 2012 over the past week, according to a company news release.

The company said it ended its most recent quarter with $47 million principal amount of long-term convertible debt and $412 million in cash and cash equivalents.

Skyworks makes analog and mixed-signal semiconductors and is based in Woburn, Mass.


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