AMD $1.5 billion senior notes offering
The investment-grade notes are due 2026 and 2028
Davis Polk advised the joint book-running managers and representatives of the several underwriters in connection with a $1.5 billion SEC-registered investment-grade debt offering by Advanced Micro Devices, Inc. The offering consisted of $875 million aggregate principal amount of 4.212% senior notes due 2026 and $625 million aggregate principal amount of 4.319% senior notes due 2028.
AMD is a high performance and adaptive computing leader, advancing the future of data centers and powering the cloud services that are an essential part of how we work, game and connect to network, PCs, edge computing and artificial intelligence.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Bex Childress and Robb Dehney. The tax team included counsel Tracy L. Matlock and associate Kelsey Nelson. The intellectual property team included partner Matthew J. Bacal and associate Anthony Tran. The investment management team included counsel Sarah E. Kim and associate Rosina Curren. Members of the Davis Polk team are based in the Northern California and New York offices.