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AMD borrows a heap more money

Loan facility now complete
Fri Jan 05 2007, 10:25
AN SEC FILING by AMD on the 28th of December last showed that it borrowed $247,000,555.34 under its existing €700,000,000 loan agreement made in April 2004.

The money was borrowed by AMD Fab 36 LLC & Co KG, which is an indirectly wholly owned subsidiary of AMD.

The principal amount under the 2004 agreement, which has now been drawn in full is nearly $893,000,000.

These are all a lot of zeroes but it takes a lot of zeroes to build a fab. µ

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