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Altera Corp Closes $1 Billion Senior Notes Offering


Friday, 1 Nov 2013 04:15pm EDT 

Altera Corporation announced that the closing of its previously announced offering of $600 million aggregate principal amount of its 2.500% Senior Notes due 2018 and $400 million aggregate principal amount of its 4.100% Senior Notes due 2023 ("senior notes") under a shelf registration statement on file with the Securities and Exchange Commission. The Company intends these Treasury securities to represent an economic hedge that will reduce the net cost of the senior notes to the Company. 

Company Quote

34.11
0.15 +0.44%
15 Apr 2014