TMRK
SiTime issues $1.2B convertible notes due 2031 to fund Renesas timing assets acquisition
SiTime Corporation is issuing $1.2 billion in 0% convertible senior notes due 2031, with up to $150 million additional, to finance its acquisition of Renesas Electronics' timing business announced in February 2026. The offering includes capped call transactions to manage dilution and demonstrates th…