SUNNYVALE, CA -- (Marketwired) -- 09/09/16 --
AMD (NASDAQ: AMD) today announced that it commenced cash tender offers for up to $1,035 million aggregate total consideration for its outstanding 6.75% Senior Notes due 2019, 7.75% Senior Notes due 2020 (the "7.75% Notes"), 7.50% Senior Notes due 2022 and 7.00% Senior Notes due 2024 (collectively, the "Notes"), subject to any applicable Tender Cap (as defined below). Concurrent with the tender offers, AMD is also soliciting consent from the holders of its 7.75% Notes for proposed amendments (the "Proposed Amendments") to the terms of the 7.75% Notes to reduce the minimum notice period required in connection with redemption of the 7.75% Notes fr...
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