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AMD Closes $4.75 Billion Senior Notes Offering
Filed with the SEC on · Summarized by InvestorsBot
Advanced Micro Devices closed a $4.75 billion public offering of senior unsecured notes, including maturities from 2029 to 2036 and interest rates ranging from 4.600% to 5.500%. AMD said it plans to use the net proceeds for general corporate purposes, which may include repaying debt; the notes were sold to underwriters including Barclays, BofA Securities, Citigroup, J.P. Morgan, Morgan Stanley and Wells Fargo.