debt
confidence high
sentiment neutral
materiality 0.60
AMD closes $4.75B senior notes offering across four tranches
ADVANCED MICRO DEVICES INC
- Issued $1.25B 4.600% notes due 2029, $1.50B 5.000% due 2031, $1.00B 5.250% due 2033, $1.00B 5.500% due 2036.
- Notes sold at 99.889%, 99.921%, 99.919%, 99.757% of principal, respectively.
- Net proceeds for general corporate purposes, may include debt repayment.
- Underwriters: Barclays, BofA, Citi, JPM, Morgan Stanley, Wells Fargo.
- Change of control triggers repurchase at 101% of principal plus accrued interest.