Cohu, Inc. announced on September 29, 2025, the closing of its private upsized offering of 1.50% Convertible Senior Notes due 2031. The aggregate principal amount of notes closed was $287,500,000.
This amount includes the exercise in full of the option granted to the initial purchasers to purchase up to an additional $27,500,000 aggregate principal amount of notes. The offering was previously upsized and priced at $260.0 million.
The completion of this financing event provides Cohu with substantial capital. The notes are due in 2031 and carry a 1.50% interest rate.
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