Advanced Micro Devices, Inc. Announces Results of Tender Offer for 11 Percent Senior Secured Notes Due 2003.Business Editors SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 3, 2000 Advanced Micro Devices, Inc. ("AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ") announced today the results of its tender offer for its 11 percent Senior Secured Notes due 2003 (the "Notes"), which expired at 5:00 p.m., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. time, on August 2, 2000. As of the expiration of the tender offer, approximately $355,877,000 aggregate principal amount of Notes had been tendered, leaving approximately 11 percent of the aggregate principal amount of the Notes outstanding following the expiration of the tender offer. These results are based on a preliminary report from the depositary DEPOSITARY, contracts. He with whom a deposit is confided or made. 2. It is, the essence of the contract of deposits that it should be gratuitous on the part 'of the depositary. 9 M. R. 470. for the tender offer. The purchase price for each $1,000 principal amount of Notes validly tendered and not withdrawn will be $1,064.35 and was determined on July 31, 2000. The purchase price will be in addition to accrued and unpaid interest to, but not including, the payment date, which AMD currently expects to be August 4, 2000. In conjunction with its tender offer, AMD also obtained consents from the registered holders of the Notes to effect certain proposed amendments to the indenture under which the Notes were issued. In addition to the purchase price, holders who provided their consents to the proposed amendments and tendered their Notes by the Consent Payment Deadline, which was 5:00 p.m., New York City time, on July 19, 2000, will also receive a consent payment of $25.00 per $1,000 principal amount of Notes tendered and accepted for purchase pursuant to the tender offer in addition to the purchase price. A majority in aggregate principal amount of the outstanding Notes was required to adopt the proposed amendments to the indenture. About AMD AMD is a global supplier of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. for the personal and networked computer and communications markets with manufacturing facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Japan, and Asia. AMD produces microprocessors, flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. , AMD had revenues of $2.9 billion in 1999. (NYSE NYSE See: New York Stock Exchange :AMD). World Wide Web: Press announcements and other information about AMD are available on the Internet via the World Wide Web. Type http://www.amd.com at the URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. prompt. Note to Editors: Readers may obtain additional information by calling 1-800-222-9323 or 408-749-3060. Technical Support Email: hw.support@amd.com AMD, the AMD logo, and combinations thereof are trademarks of Advanced Micro Devices, Inc. in the United States and other jurisdictions. |
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