Summary by Futu AI
Intel Corporation, a leading technology company, has announced the issuance of three series of senior notes under an effective registration statement filed with the Securities and Exchange Commission. The notes, which are unsecured obligations of Intel, include $% Senior Notes due , $% Senior Notes due , and $% Senior Notes due . The interest rates, maturity dates, and specific terms of the notes will be detailed in the preliminary prospectus supplement dated February 15, 2024. The offering is subject to completion, with the public offering price, underwriting discounts, and proceeds to Intel before expenses to be determined. The notes are not listed on any securities exchange and investing in them involves certain risks. The joint book-running managers for the offering are BofA Securities, Citigroup, Goldman Sachs & Co. LLC, J.P. Morgan, Morgan Stanley, and Wells Fargo Securities. The notes are expected to be delivered to investors on or about February , 2024, through the book-entry delivery system of The Depository Trust Company.