Bank of America CorpBank of America is leading the debt sale, generating fee income.
Advanced Micro Devices launched a four-part debt offering that could raise between $4 billion and $5 billion, according to terms reviewed by Reuters. The senior unsecured notes are due in 2029, 2031, 2033 and 2036, with initial price discussions set at about 70 basis points over U.S. Treasuries for the 3-year notes, 90 basis points for the 5-year tranche, 100 basis points for the 7-year notes and 115 basis points for the 10-year debt. AMD said it intends to use the proceeds for general corporate purposes, which may include repaying debt. Bank of America, JPMorgan, Barclays and Wells Fargo are leading the debt sale, with the bonds expected to settle on August 17.
Bank of America CorpBank of America is leading the debt sale, generating fee income.
Barclays PLCBarclays is leading the debt sale, generating fee income.
Wells Fargo & CompanyWells Fargo is leading the debt sale, generating fee income.
Advanced Micro Devices IncAMD launches debt offering to raise up to $5 billion for general corporate purposes, including debt repayment.
JPMorgan Chase & CoJPMorgan is leading the debt sale, generating fee income.