Intel Corporation (NASDAQ: INTC) announced that the upside trigger on its 3.25% junior subordinated convertible debentures, which were issued in 2009 and mature in 2039 (CUSIP No. 458140 AF7) (the “Notes”), has been met for the six-month interest payment period from Aug. 1, 2019, to Feb. 1, 2020. As a result, contingent interest will be payable on the Notes for that six-month interest payment period. Contingent interest will be payable on Notes outstanding on Feb. 1, 2020, to the holders of record as of Jan. 15, 2020.
Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.
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