Intel Announces Completion of Exchange Offer
June 14 2018 - 10:30AM
Business Wire
Intel Corporation (NASDAQ: INTC) today announced the completion
of its exchange offer to exchange up to $1,966,590,000 aggregate
principal amount of its newly issued 3.734% Senior Notes due 2047
(the “Exchange Notes”) for a like principal amount of the
applicable series of its outstanding 3.734% Senior Notes due 2047
(the “Old Notes”).
The exchange offer expired at 5:00 p.m. New York City time on
June 8, 2018. As of the expiration date, tenders of 98.867
percent of the Old Notes were received. Intel accepted all of the
Old Notes tendered in exchange for a like principal amount of the
corresponding series of the Exchange Notes, and settlement occurred
on June 14, 2018.
The sole purpose of the exchange offer was to fulfill Intel’s
obligations under the registration rights agreement related to the
Old Notes.
This press release is for informational purposes only and is
neither an offer to buy, nor a solicitation of an offer to sell,
the Exchange Notes or any other securities, and shall not
constitute an offer, solicitation or sale in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful.
About Intel
Intel expands the boundaries of technology to make the most
amazing experiences possible. Information about Intel can be found
at newsroom.intel.com and intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.*Other names and brands may
be claimed as the property of others.
Forward-Looking Statements
This communication contains forward-looking statements. Words
such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,”
“intend,” “may,” “plan,” “project,” “predict,” “should,” “would”
and “will” and variations of such words and similar expressions are
intended to identify such forward-looking statements. Such
statements involve risks and uncertainties that could cause our
actual results to differ materially from those expressed or implied
in our forward-looking statements. Such risks and uncertainties
include, among others, risks and uncertainties detailed in Intel’s
filings with the SEC, including those discussed in Intel’s most
recent Annual Report on Form 10-K and in any subsequent periodic
reports on Form 10-Q and Form 8-K, each of which is on file or
furnished with the SEC and available at the SEC’s website at
www.sec.gov. SEC filings for Intel are also available on Intel’s
Investor Relations website at www.intc.com. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which speak only as of their dates. Unless otherwise required by
applicable law, Intel undertakes no obligation and does not intend
to update these forward-looking statements, whether as a result of
new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20180614005345/en/
Intel CorporationTushar Jain, 408-653-9488Investor
Relationstushar.jain@intel.comorCara Walker, 503-696-0831Media
Relationscara.walker@intel.com
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