News - AMD spends its Intel cash

[HEXUS]

Quite rightly, AMD it looking to blow its Intel windfall on paying-off some of its debt mountain.

Read more.

[=assassin=]

It doesn't sound all that good if they're going to start borrowing another $500 million.

[aidanjt]

It probably works out for the bean counters. Particularly if they're planning on pumping the cash into a 'sure thing'. Anyway, good news for AMD.

[CAT-THE-FIFTH]

The reasons why they are borrowing more money is outlined here:

http://www.theregister.co.uk/2009/11...pay_down_debt/

[Funkstar]

It doesn't sound all that good if they're going to start borrowing another $500 million.

pay off one type of finance and borrow another with a better deal?

Bit like a balance transfer on credit cards, but at the multi-national corporation level

[Zhaoman]

It doesn't sound all that good if they're going to start borrowing another $500 million.

u have the option of swapping debt that has to be paid in 2012 for 2017. that's a great deal whichever way you look at it.