AMD will reduce debt by Intel money
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POSTER: computer news || AMD WILL REDUCE DEBT BY INTEL MONEY |
DATE:2009-11-19 |
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It was initially assumed that the obtained from Intel company $1,25 billion will be directed by AMD company to expense coating , connected with opinion and supply of antimonopolistic actions . However, the part of this money can be used in another designation. In particular, associate with reference to AMD representatives information reports that a part of means obtained from Intel company will be spent on some expense, which comes in 2012. Let us recall that in 2007 AMD brow $2,2 billion in the form convertible bonds with annual interest rate 5,75%. AMD Company simultaneously intends to release the privileged bonds for the sum of approximately $500 ml., which will be redeemed by some investors - it is possible to assume we deal with Arab investors. AMD also declared about the intentions to redeem all privileged bonds with interest rate 7,75% 2012. In the changing economic situation AMD attempts to decrease expenditures for the maintenance of its debts, so similar actions are completely regular. | ||
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AMD WILL REDUCE DEBT BY INTEL MONEY |
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