May 24, 2018 / 2:14 AM / 2 months ago

BRIEF-Microchip Technology Inc prices $2 bln note offering

May 23 (Reuters) - Microchip Technology Inc:

* PRICES $2.0 BILLION NOTE OFFERING

* PRICING OF TWO SERIES OF ITS NOTES IN AN AGGREGATE PRINCIPAL AMOUNT OF $2.0 BILLION IN AN UNREGISTERED OFFERING

* OF THESE NOTES, $1 BILLION WILL MATURE ON JUNE 1, 2021 AND WILL BEAR INTEREST AT AN ANNUAL RATE OF 3.922 PERCENT

* THE OTHER $1 BILLION NOTES WILL MATURE ON JUNE 1, 2023 AND WILL BEAR INTEREST AT AN ANNUAL RATE OF 4.333 PERCENT Source text for Eikon: Further company coverage:

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