On Monday, March 10, 2025, AMD entered into an underwriting agreement with J.P. Morgan Securities LLC and other representatives of the underwriters for the public offering of $1.5 billion in senior notes.

1. 01

   On Monday, March 10, 2025, AMD entered into an underwriting agreement with J.P. Morgan Securities LLC and other representatives of the underwriters for the public offering of $1.5 billion in senior notes.

2. 02

   The company said the notes will consist of $875 million of 4.212% Senior Notes due 2026 and $625 million of 4.319% Senior Notes due 2028.

3. 03

   The company said the 2026 Notes will mature on September 24, 2026 and the 2028 Notes on March 24, 2028, and that the notes will be senior unsecured obligations of the company.

4. 04

   AMD said the offering is expected to close on March 24, 2025, and it plans to use the net proceeds to fund part of the acquisition of ZT Group Int'l, Inc. (ZT Systems). The company said that if the ZT Systems acquisition is not completed, it plans to use the net proceeds for general corporate purposes.

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Original filing

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