By Josh Beckerman 
 

Intel Corp. (INTC) plans to offer notes, with proceeds slated for general purposes that may include refinancing outstanding debt and share repurchases.

The chip maker said in a securities filing that it expects to offer 2.45% senior notes due 2029, 3.25% senior notes due 2049, and another series that didn't have a specified rate or maturity date in the filing.

S&P Global Ratings rated the notes A+ and said its other Intel ratings remain unchanged.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

February 10, 2020 13:46 ET (18:46 GMT)

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