Intel (INTC) has released an update.
Intel Corporation successfully issued a series of Senior Notes raising $2.55 billion to bolster its financial position. The offering included three sets of notes with varying maturities and interest rates: 5.000% due in 2031, 5.150% due in 2034, and 5.600% due in 2054. The proceeds from this strategic financial move, netting approximately $2.53 billion after underwriting discounts and before expenses, aim to support Intel’s ongoing and future endeavors.
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