The 0.75% convertible notes are due 2031

Davis Polk advised the representative of the several initial purchasers in connection with a Rule 144A offering by Synaptics Incorporated of $400 million aggregate principal amount of its 0.75% convertible senior notes due 2031. In addition, Davis Polk advised the counterparties to the capped call transactions entered into in connection with the offering.

Synaptics Incorporated is a leading worldwide developer and fabless supplier of premium mixed signal semiconductor solutions that enable people to engage with connected devices and data, engineering exceptional experiences throughout the home, at work, in the car and on the go.

The Davis Polk capital markets team included partner Shane Tintle and associates Joyce Kim and Walker Halstad. The equity derivatives team included partner Mark J. DiFiore and associates Amy Cheng, Alexander S. Pettingell, Ji Hwan Kim and Melissa X. Estrada. The intellectual property team included partner Matthew J. Bacal. Partner Lucy W. Farr provided tax advice. All members of the Davis Polk team are based in the New York office.