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AMD plans to raise $1.02 Billion in new stock and senior debt

AMD plans to raise $1.02 Billion in new stock and senior debt

AMD plans to raise $1.02 Billion in new stock and senior debt

AMD plans to raise $1.02 Billion in new stock and senior debt

 

AMD plans to raise $1.02 Billion in new stock and senior debt, allowing AMD to pay off their existing debts and help the company create future profits. 

With this announcement around $600 million worth of new stock will be created and $450 million will be raised through senior notes which will be due for repayment in 2026. Senior notes is a type of debt that takes priority over most other types of debt, meaning that AMD will have to pay this debt back on time and takes priority if the company were to go bankrupt.

Right now AMD's stocks are selling at an all-time high, making this the perfect time for AMD to create new stocks, though this announcement will reduce the value of existing stocks. This influx of cash will help AMD pay off their debts and help them to invest in future projects, which will hopefully allow AMD to create increased profits in the future, which should hopefully be a net positive for existing AMD stock owners.  

  AMD plans to raise $1.02 Billion in new stock and senior debt

 

With the popularity of Polaris and their upcoming Zen/Summit Ridge series of CPUs AMD hopes to return to profitability within the next year. Hopefully, AMD's hardware will continue to impress end users and secure sales, as a strong AMD will increase competition within the industry, which is great for consumers. 

 

You can join the discussion on AMD's plans to raise $1.02 Billion in new stock and senior debt on the OC3D Forums

 

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