AMD $1 billion senior notes offering
Davis Polk advised the representatives of the several underwriters in connection with a $1 billion SEC-registered debut investment grade debt offering by Advanced Micro Devices, Inc. The offering consisted of $500 million aggregate principal amount of 3.924% senior notes due 2032 and $500 million aggregate principal amount of 4.393% senior notes due 2052.
Advanced Micro Devices, Inc. is a global leading semiconductor company that develops computer processors and related technologies for business and consumer markets.
The Davis Polk corporate team included partner Alan F. Denenberg and associate Ali DeGolia. Counsel Tracy L. Matlock and associate Dov Sussman provided tax advice. The intellectual property and technology transactions team included partner Matthew J. Bacal and associates Marisa Elena Bannon and Annie Xie. Partner John B. Reynolds III provided regulatory advice. Members of the Davis Polk team are based in the Northern California and New York offices.