0001193125-26-197845
SEC filingIntel Corporation issued $6.5 billion aggregate principal amount of senior notes across five series with maturities from 2031 to 2066, generating approximately $6.47 billion in net proceeds after underwriting discounts.
Intel Corporation completed a significant $6.5 billion debt offering through five tranches of senior unsecured notes with coupon rates ranging from 4.650% to 6.200% and maturities spanning 2031 through 2066. The issuance was executed pursuant to an underwriting agreement dated April 27, 2026 with lead managers Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Barclays Capital Inc., BofA Securities, Inc., and Deutsche Bank Securities Inc. Net proceeds of approximately $6.47 billion after underwriting discounts provide Intel with substantial liquidity before deducting offering expenses. The notes were registered under Intel's Form S-3 (File No. 333-292925) filed January 23, 2026 and issued under the base indenture dated March 29, 2006 (as supplemented), with Computershare Trust Company, National Association serving as trustee. Each series features semi-annual interest payments, optional redemption provisions prior to specified par call dates at Treasury Rate plus 15-20 basis points (make-whole), and par redemption thereafter. Denominations start at $2,000 with $1,000 increments. This financing extends Intel's debt maturity profile significantly while locking in current long-term rates across the yield curve, supporting ongoing capital needs in a high-interest-rate environment.