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To: Joe NYC who wrote (156653)1/24/2002 7:16:28 AM
From: Dave  Read Replies (3) | Respond to of 186894
 
Jozef,

You are correct, however some comments....

Investment banks typically charge 7%, therefore 7% of 500M is 35M, therefore net inflow will be ~465M.

If their debt is to be "re-floated", AMD will still have ~134M in net proceeds. The point I am trying to make is that AMD continues to increase their leverage, rather than keeping it at a constant level.