AMD's efforts to raise more cash have intensified even further. In late April, the company announced it would offer Convertible Senior Notes to raise around $2.2 billion USD. AMD set a conversion point of $42.12 USD per share at a time when its stock price was $14 USD. Yesterday, AMD has announced it has priced another $1.5 billion USD in Convertible Senior Notes at a conversion point of $20.13 USD per share.
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