Marvell Technology Group Ltd, founded in 1995 and headquartered in Santa Clara, California, is a global leader in semiconductor solutions designed to accelerate the digital transformation across a variety of industries. The company specializes in storage, networking, and connectivity technologies, providing innovative products such as application-specific integrated circuits (ASICs) and networking processors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| MRVL 4.88% 2028-06-22 USDMarvell Technology Group Ltd | Bermuda | 2028-06-22 | 4.875 | 4.57 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Marvell began issuing bonds to finance its growth and acquisitions, with a notable issuance in 2016 of $700 million in 5-year senior notes, which were used to fund the acquisition of Cavium. More recently, the company has issued additional bonds with attractive yields compared to the semiconductor sector, reflecting solid investor confidence. As of late 2023, Marvell's bonds have been particularly noteworthy for their structure, featuring options for early redemption, allowing the company to manage its capital structure effectively amidst ongoing market fluctuations.