SUNNYVALE (dpa-AFX) - Advanced Micro Devices Inc. or AMD (AMD) said its pending offer to exchange all of its outstanding 6.75% Senior Notes due 2019 and 7.00% Senior Notes due 2024, that were issued in private placements for an equal principal amount of new 6.75% Senior Notes due 2019 and 7.00% Senior Notes due 2024, each of which have been registered under the Securities Act of 1933, as amended, currently slated to expire at 5:00 p.m., New York City time, September 10, 2014, has been extended until 5:00 p.m., New York City time, on September 17, 2014.
Till date, tenders with respect to around $598.9 million of the outstanding $600 million aggregate principal amount of the 6.75% Notes eligible to participate in the exchange offer and $499.6 million of the outstanding $500 million aggregate principal amount of the 7.00% Notes eligible to participate in the exchange offer, were received, the company noted.
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