Intel Corp. has attracted about $50 billion of investor orders for a $6.5 billion bond sale that will finance its plans to regain full ownership of an Irish semiconductor plant.Intel Corp. has attracted about $50 billion of investor orders for a $6.5 billion bond sale that will finance its plans to regain full ownership of an Irish semiconductor plant. Intel Kicks Off Bond Sale to Buy Back Ireland Semiconductor Plant Stake – Bloomberg
Intel Corp. has kicked off the sale of investment-grade debt to help finance a $14.2 billion deal to retake full ownership of an Irish semiconductor plant.
The company is marketingBloomberg Terminal bonds is five tranches, with maturities ranging from five to 40 years, according to a person familiar with the matter. Initial price talk for the longest-tenored note is for a spread of about 1.65 percentage points above Treasuries, the person added, asking not to be identified because they’re not authorized to speak publicly
