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AMD asks for 1.5 billion
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AMD asks for 1.5 billion
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9th August 2007, 12:36
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| Madshrimp  Join Date: May 2002 Location: 7090/Belgium
Posts: 79,021
 |  AMD asks for 1.5 billion Back in July we implied that AMD will have to ask for additional financing. It indeed happened less than a month after we expected it but indeed AMD will issue 1.5 billion notes plus some cash to cover the debt to Morgan Stanley Senior Financing. This means that by the end of the quarter AMD will be under 800 million in cash and will need to seek funding or in worst case scenario the company will fine a buyer who will cover the debt. http://www.fudzilla.com/index.php?op...72&Ite mid=35
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9th August 2007, 14:48
| #2 |
| Member  Join Date: Mar 2004
Posts: 15,738
 | It was 2.2 B last time, with another 1.5 making a total of 3.7B.
__________________ lazyman Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II |
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9th August 2007, 19:59
| #3 |
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Posts: n/a
| Was that "Fine", or find a buyer  |
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