AMD Plans $4B–$5B Debt Offering in Senior Notes Due 2029–2036
AMD plans to raise $4 billion to $5 billion through an offering of senior unsecured notes due in 2029, 2031, 2033 and 2036. Proceeds are intended for general corporate purposes, potentially including debt repayment, with settlement expected Aug. 17. AMD also filed with the SEC; earlier it projected stronger revenue and said data-center sales would more than double by 2027.