Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: High Desert who wrote (32216)	4/28/1998 2:34:00 AM
From: Paul Engel	Read Replies (2) \| Respond to of 1572605

High Dessert - Re: "How come no one is commenting upon the $400M public offering of convertible subordinated notes?" Nobody posted it that I know of. So, here it is. Paul {====================} biz.yahoo.com Monday April 27, 5:03 pm Eastern Time Company Press Release AMD Announces Planned $400 Million Public Offering of Convertible Subordinated Notes SUNNYVALE, Calif.--(BUSINESS WIRE)--April 27, 1998--AMD (NYSE:AMD - news) announced today that it has filed a prospectus supplement with the Securities and Exchange Commission with respect to the company's planned public offering of $400 million of convertible subordinated notes convertible into the company's common stock. The offering will be pursuant to a prospectus supplement and the company's $1 billion shelf registration statement. The lead underwriters are Donaldson, Lufkin & Jenrette Securities Corporation and Salomon Smith Barney. The net proceeds from the offering of the notes are expected to be used for capital expenditures, working capital and general corporate purposes. Copies of the prospectus supplement relating to the notes may be obtained from Donaldson, Lufkin & Jenrette Securities Corporation, 277 Park Avenue, New York, New York 10172. About AMD AMD is a global supplier of integrated circuits for the personal and networked computer and communications markets. AMD produces processors, flash memories, programmable logic devices, and products for communications and networking applications. Founded in 1969 and based in Sunnyvale, AMD had revenues of $2.4 billion in 1997. (NYSE:AMD - news) World Wide Web: Press announcements and other information about AMD are available on the Internet via the World Wide Web. Type amd.com at the URL prompt. Note to Editors: AMD, the AMD logo and combinations thereof are registered trademarks of Advanced Micro Devices, Inc. Contact: AMD Scott Allen, 408/749-3311