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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (133278)	4/25/2001 1:45:53 AM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

G, you know about this kind of thing, why would Intel do this deal?? New Issue - Intel sells $200 mln exchangeable notes Tue Apr 24 18:48:00 EDT 2001 STAMFORD, Conn., April 24 (Reuters) - Intel Corp. (NASDAQ:INTC), the world's No. 1 chip maker, sold $200 million of three-year exchangeable notes in the 144a private placement market, said market sources on Tuesday. The zero-coupon notes, exchangeable into Samsung Electronics (KOREA:05930) shares, carried a conversion premium of approximately 10.14 percent above Tuesday's $167.90 equivalent closing price of Samsung shares on the Korea Stock Exchange. Lehman Brothers Inc. was the sole lead manager for the sale, the sources said. BORROWER: INTEL CORP. AMT $200 MLN COUPON ZERO PCT MATURITY 2/1/2004 EXCH PRICE 184.94 EXCHRATIO 54.0727 ACCR INT 4/30/2001 STRUCTURE EXCH NTS ISS PRICE 106.5 NON-CALLABLE 6 MONTHS* LAST MOODY'S A1 YIELD ZERO PCT LAST S&P A-PLUS EXCH PREM 10.1462 *PROVISIONAL CALL TRIGGER 140 PCT OF EXCH PRICE ($258.91) (REUTERS DATA New Issue Results. U.S. Corporate Bonds, 1-888-507-3883) Copyright 2001, Reuters News Service