Form 8-K INTEL CORP For: Dec 16

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 16, 2016

INTEL CORPORATION

(Exact name of registrant as specified in its charter)

 

Registrant's telephone number, including area code: (408) 765-8080

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

On December 16, 2016, Intel Corporation announced that the upside trigger on its 2.95% Junior Subordinated Convertible Debentures Due 2035 (CUSIP No. 458140AD2) has been met for the six-month interest payment period from December 15, 2016 to June 15, 2017. As a result, contingent interest of approximately $4 million in the aggregate will be paid on the notes for that six-month interest payment period.

The company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01      Financial Statements and Exhibits.

(d) Exhibits.

The following exhibit is furnished as part of this Report:

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

	INTEL CORPORATION (Registrant)
	/s/ Robert H. Swan
	Robert H. Swan
Date: December 16, 2016	Executive Vice President, Chief Financial Officer, and Principal Accounting Officer

 

		Exhibit 99.1
	Intel Corporation 2200 Mission College Blvd. Santa Clara, CA 95054-1549

 

Intel's 2.95% Junior Subordinated Convertible Debentures Due 2035

to Pay Contingent Interest of $4 Million

 

SANTA CLARA, Calif., Dec. 16, 2016 – Intel Corporation announced that the upside trigger on its 2.95 percent junior subordinated convertible debentures, which were issued in 2005 and are due 2035 (CUSIP No. 458140AD2) (the "Notes"), has been met for the six-month interest payment period from Dec. 15, 2016 to June 15, 2017. As a result, contingent interest will be paid on the Notes for that six-month interest payment period. Contingent interest of approximately $4 million in the aggregate on the $1.6 billion outstanding principal amount of the Notes, or approximately $2.50 per $1,000 principal amount of the Notes, will be paid on June 15, 2017, to the holders of record as of June 1, 2017.

About Intel

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Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

 

CONTACTS:	Trey Campbell	Cara Walker
	Investor Relations	Media Relations
	503-696-0831	503-696-0831
	[email protected]	[email protected]