ADVANCED MICRO DEVICES INC current report, Q4 FY2004

Business Context and Reporting Period

Company: Advanced Micro Devices, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: October 19, 2004
Event Date: October 19, 2004 (Settlement expected October 22, 2004)

Key Financial Metrics

This filing reports a specific capital transaction rather than periodic financial performance metrics. No revenue, profit, cash flow, or margin data is provided in this document.

Metric Value
Debt Repurchased $70.0 million (4.50% Convertible Senior Notes due 2007)
Equity Issued 10,550,000 shares of Common Stock
Consideration Notes plus accrued and unpaid interest

Material Changes

The company executed an exchange transaction reducing its outstanding debt and increasing its share count:

  • Agreed to repurchase $70.0 million of 4.50% Convertible Senior Notes due 2007.
  • Issued 10,550,000 shares of Common Stock in exchange for the notes and accrued interest.
  • Transaction relies on the exemption from registration under Section 3(a)(9) of the Securities Act of 1933.

Guidance, Outlook, and Risks

The filing contains no forward-looking guidance, management commentary on future operations, or discussion of general risks. The transaction is presented as a completed agreement subject to settlement.

Investor Verification Checklist

  • Verify the settlement of the 10,550,000 shares on or around October 22, 2004.
  • Confirm the reduction of the $70.0 million 4.50% Convertible Senior Notes due 2007 on the company's balance sheet.
  • Review the impact of the share issuance on total outstanding shares and potential dilution.
  • Check subsequent filings for the exact amount of accrued interest paid as part of the exchange.