Vishay Intertechnology Announces Proposed $750 Million Common Stock Offering

GlobeNewswire·29 Jun 2026·Read original

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Corporate Action Electronic Equipment, Instruments & Components

Summary · why it matters

Vishay Intertechnology has commenced an underwritten public offering of $750 million of shares of its common stock. The company expects to grant the underwriters a 30-day option to purchase up to an additional $112.5 million of shares. Vishay intends to use the net proceeds to accelerate growth initiatives and for general corporate purposes, including reducing borrowings under its senior secured credit facility. J.P. Morgan is acting as lead book-running manager, with Needham & Company, Oppenheimer & Co., Raymond James, TD Cowen and Truist Securities as book-running managers, and Fifth Third Securities, MUFG, Santander and UniCredit as co-managers. The offering is subject to market and other conditions, and there can be no assurance as to its completion or final terms.

Vishay Intertechnology Inc ▼