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
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.
Intel expands the boundaries of technology to make the most amazing
experiences possible. Information about Intel can be found at newsroom.intel.com
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United States and other countries.
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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
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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