SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: david alexander who wrote (120612)7/19/2000 6:22:55 PM
From: Steve Porter  Respond to of 1572208
 
Debt reduction:

currently 1.5billion, reducing by 400m, another 500m of convertible debt, which is callable in may of next year, as cash balances continue to grow, amd will look at further reduction sometimes next year. convertible debt will be converted into common stock and has a conversion price of $37, leaving 600m which is dresden debt, guaranteed by german government, which is at 5%.

Steve



To: david alexander who wrote (120612)7/19/2000 6:23:30 PM
From: david alexander  Read Replies (1) | Respond to of 1572208
 
Debt reduction Q?

Q. about macroeconomic issues.

1.5bil in debt. Convertible debt 500 mil callable next year. Jerry says will convert to common stock at $37. Wants to hold Dresden debt since guaranteed by German govt. Could be debt free by end of next year.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News