Intel Announces Pricing of Notes Offering
Intel expects to receive net proceeds from this offering of approximately $4.959 billion, after deducting underwriting discounts. Intel intends to use the net proceeds from this offering primarily to repurchase shares of its common stock; and for general corporate purposes.
Citigroup Global Markets Inc., Goldman, Sachs & Co. and Merrill Lynch, Pierce, Fenner & Smith Inc. are acting as joint bookrunning managers for the offering of the notes. Credit Suisse Securities (USA) LLC, Needham & Company, LLC and RBS Securities Inc. are acting as co-managers for the offering.
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