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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.52 | -7.18% | 32.59 | 32.59 | 32.63 | 328,489 | 11:37:36 |
From Apr 2022 to Apr 2024
By Mary de Wet
Intel Corp. issued $6 billion in senior notes Friday, including $1.25 billion in green bonds due 2032.
The proceeds of the green bonds will be used to fund eligible projects, such as investing in green buildings or energy efficiency. The 4.150% notes are due 2032, the tech company said in a filing with the U.S. Securities and Exchange Commission.
Intel aims to use the proceeds of the other notes for general corporate purposes, including refinancing debt and to fund working capital and capital expenditures.
The company issued $1.25 billion of 3.75% notes due 2027, $850 million of 4% notes due 2029, $1.75 billion of 4.9% notes due 2052, and $900 million of 5.05% notes due 2062.
J.P. Morgan Securities LLC, BNP Paribas Securities Corp., BofA Securities Inc. and Goldman Sachs & Co. LLC are underwriters, Intel said.
S&P Global Ratings and Fitch have rated the notes as A+.
Write to Mary de Wet at mary.dewet@dowjones.com
(END) Dow Jones Newswires
August 05, 2022 18:36 ET (22:36 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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