subject: Frbiz.com Reports Amd Intends To Use Intel's Huge Settlement To Pay The Debt [print this page] Beijing time on November 20th morning news, according to foreign media reports, Intel announced a week ago by 12.5 billion dollars with AMD will anti-monopoly and patent lawsuits related, and prepare reconciliation took the reconciliation gold AMD, highest pay to redeem $14 billion, the company in 2012. It represents the financial constitution will therefore AMD, stimulate AMD shares rose 11% on Wednesday, to $7.32.
AMD said Wednesday, the company will be in cash, as well as the new issue of 5 billion dollars in 2017, due to redeem bonds, in 2012, about 10 million dollars, while convertible company bonds and redemptive on December 18th, about $3.9 billion of corporate bonds. Moody's investors service company gives AMD new releases $5 billion of debt level B2 etc.
Intel announced a week ago by 12.5 billion dollars in cost, all global antitrust and patent litigation, and rival advanced micro devices. Both sides agreed not to future world, AMD proposed anti-monopoly lawsuit supervision department, both sides signed and 5-year interaction license agreement.
Intel bear more because of pressure from regulators, AMD need to reduce debt, reconciliation both companies benefit.
A transaction settlement gold will relieve the financial pressure, American AMD FTN consultant company stock analysts onrefni Feeney Joanne (1) : "any amount of liabilities with AMD, the enterprise is about economic conditions may worsen, or sales fell, and once there, all emergencies may end operation.
Onrefni says, through the liability, AMD will reduce risk, and to attract more conservative investors.
Although AMD chip design department in the third quarter, but recently presented AMD market share, the latter continued loss to the CPU Intel global market share reaches as high as 80%. The third season of AMD net liabilities of 32 million dollars.
AMD CFO plug fett (Thomas Seifert) in early November analysts conference call, said he plans to AMD hands have about $1 billion in cash, by the rest of the department to repay debts
