Microchip Technology launches $1.35 bln offering of depositary shares

MCHP

March 19 (Reuters) - Microchip Technology Inc:

* MICROCHIP TECHNOLOGY ANNOUNCES LAUNCH OF OFFERING OF DEPOSITARY SHARES REPRESENTING INTERESTS IN SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK

* MICROCHIP TECHNOLOGY: LAUNCH OF AN UNDERWRITTEN PUBLIC OFFERING OF $1.35 BILLION OF DEPOSITARY SHARES Source text: Further company coverage: