Intel (INTC) raised a healthy $6B in its debt offering - $3B of the notes mature in Dec. 2017...
Wednesday, December 5, 2012, 9:30 AM ETIntel (INTC) raised a healthy $6B in its debt offering - $3B of the notes mature in Dec. 2017 and yield 1.35%, $1.5B mature in Dec. 2022 and yield 2.7%, and $1.5B mature in Dec. 2032 and yield 4%. Assuming Intel aggressively uses the funds for buybacks and continues to spend heavily on capex, the company could soon have a negative net cash position - RBC noted yesterday a $2B-$3B raise could leave Intel net cash neutral. (previous: I, II)
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