Advanced Micro Devices prices $1B senior notes
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Advanced Micro Devices (NASDAQ:AMD) priced an underwritten public offering of $1B aggregate principal amount of senior unsecuredÂ notes.
The notes consist of $500M aggregate principal amount of its 3.924% senior notes due Jun. 1, 2032, and $500M aggregate principal amount of its 4.393% senior notes due Jun. 1, 2052.  The offering is expected to close on Jun. 9, subject to the satisfaction of customary closing conditions.
The net proceeds are expected to be used for general corporate purposes.
Shares were tradingÂ -0.12%Â post-market.
Source: Press Release