The redemption will be separately announced by Analog Devices.
Analog Devices intends to use the remaining net proceeds for general corporate purposes, which may include repurchases of common stock under its stock repurchase program, acquisitions, dividend payments and capital expenditures.
The joint book-running managers for the offering are J.P. Morgan Securities LLC, Credit Suisse Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated.