Amd announced that it would raise $1 billion 20 million to repay debt

AMD announced that it would raise $1 billion 20 million to repay the debt of AMD  CEO; Su Zi Feng Phoenix Technology News Beijing on September 7th news, according to technology website VentureBeat reported, AMD announced today, will be through the issuance of common stock and bond financing of $1 billion 20 million, which is part of the AMD restructured company debt plan.  , AMD is the world’s second largest manufacturer of PC processors, the company said it plans to issue ordinary shares through the open market financing $600 million through the issuance of convertible bonds in 2026 due to maturity of $450 million financing. AMD said the financing would generate $30 million in fees. AMD  CEO Su Feng (Lisa  Su) recently announced that the company’s new Zen processor series will be launched at the end of this year and early next year. Su Feng believes that these products will allow AMD to compete with Intel in a more competitive position. AMD also said, is expected to be granted a 30 day option to the underwriters to purchase additional public offering price to about $90 million AMD ordinary shares, and up to an additional $67 million 500 thousand convertible senior notes. AMD intends to use the net proceeds of $1 billion 20 million in financing to repay the previous debt. AMD will use the potential residual income for capital expenditures, operating expenses, and other general corporate purposes. The underwriters of the stock issue include JP Morgan securities, Barclays Capital, Credit Suisse Securities, Bank of America Merrill Lynch and Morgan, such as the. (compile sail)  相关的主题文章: