AMD (AMD) Prices Larger Common Stock, Conv. Notes Offerings
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AMD Announces Pricing and Upsize of $700 Million of Convertible Senior Notes and Pricing of Public Offering of $600 Million of Common Stock
September 9, 2016 4:30 AM EDTSUNNYVALE, 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... More
AMD Announces Public Offerings of $600 Million of Common Stock and $450 Million of Convertible Senior Notes
September 6, 2016 4:35 PM EDTSUNNYVALE, CA -- (Marketwired) -- 09/06/16 -- AMD (NASDAQ: AMD) today announced that it intends to commence concurrent public offerings, subject to market and other conditions, of approximately $600 million of its common stock (the "Shares") and $450 million aggregate principal amount of its convertible senior notes due 2026 (the "New Notes"). AMD is offering all of the Shares and the New Notes. In addition, AMD expects to grant the underwriters a 30-day option to purchase up to approximately $90 million of additional shares of common stock at the public offering price and up to $67.5 million principal amount of additional... More