AMD Announces Planned $400 Million Public Offering Of Convertible Subordinated Notes
SUNNYVALE, CA -- April 27, 1998 --AMD 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.
