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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 233.63-3.0%3:59 PM EST
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From: Gottfried9/21/2015 8:04:48 PM
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Applied Materials Prices $1.8 Billion of Senior Unsecured Notes
SANTA CLARA, Calif., September 21, 2015 - Applied Materials, Inc. (NASDAQ: AMAT) today announced the pricing of senior unsecured notes in an aggregate principal amount of $1.8 billion. The notes consist of the following tranches:

$600 million of 2.625% senior unsecured notes due 2020
$700 million of 3.900% senior unsecured notes due 2025
$500 million of 5.100% senior unsecured notes due 2035
Applied intends to use a portion of the net proceeds of this offering to redeem or repay its outstanding $400 million 2.650% notes due June 15, 2016 and the balance for general corporate purposes. The foregoing does not constitute a notice of redemption or an obligation to issue a notice of redemption for the 2.650% notes.[snip]

phoenix.corporate-ir.net
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