AMD plans to raise $1.02 billion in debt and stock

Advanced Micro Devices said today it plans to raise $1.02 billion in common stock and debt as part of its plan to restructure its debt.
Sunnyvale, California-based AMD, which is the No. 2 maker of PC microprocessors, said it plans to raise $600 million in common stock from the public market, as well as $450 million in convertible senior notes due 2026 ($30 million goes to the costs of the transaction). AMD CEO Lisa Su recently announced AMD’s upcoming family of Zen-based processo