It looks as if Intel (INTC +1.3%) again plans to issue debt to finance stock buybacks: the chip...

|About: Intel Corporation (INTC)|By:, SA News Editor

It looks as if Intel (INTC +1.3%) again plans to issue debt to finance stock buybacks: the chip giant says it will make a senior notes offering of undisclosed size, and intends to use the proceeds "for general corporate purposes and to repurchase shares." Extremely low interest rates and a stock trading near its 52-week low both act as incentives. Intel had $7.16B of debt on its balance sheet as of Sep. 28, and $14.9B in cash and investments. (2011 debt offering)