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AMD Announces Pricing and Upsize of $700 Million...

 
SUNNYVALE, CA -- (Marketwired) -- 09/09/16 -- AMD (NASDAQ: AMD) today announced the pricing of an upsized public offering of $700 million aggregate principal amount of its 2.125% Convertible Senior Notes due 2026 (the "New Notes"). The offering of the New Notes was upsized from an originally announced amount of $450 million. AMD also announced the pricing of a public offering of shares of its common stock (the "Shares") of $600 million at a price of $6.00 per share. AMD expects the transactions to close on or around Sept. 14, 2016, subject to customary closing conditions. AMD also granted the underwriters a 30-day option to purchase up to 15 million additional Shares at the public offering...

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Posted: September 9, 2016 |  By: Wissen Schwamm
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