debt
confidence high
sentiment neutral
materiality 0.60
AMD enters $5.0B revolving credit facility, increases commercial paper program to $5.5B
ADVANCED MICRO DEVICES INC
- New $5.0B unsecured revolving credit facility matures May 2031; replaces existing 2022 facility with JPMorgan as agent.
- Commercial paper program limit raised to $5.5B from $3.0B; proceeds for general corporate purposes.
- Shareholders approved amendment to 2023 equity plan: authorized shares increased by 65M to 153M.
- All eight director nominees elected; say-on-pay approved; stockholder proposal to lower special meeting threshold rejected.
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