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Elmer Phud

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Elmer Phud

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Tuesday, 11/19/2002 12:02:05 PM

Tuesday, November 19, 2002 12:02:05 PM

Post# of 151692
"NEW YORK, Nov 19 - Standard & Poor's Ratings Services said today that it lowered its corporate credit rating on Advanced Micro Devices Inc. (AMD) to 'B-' from 'B'. Other ratings were also lowered. At the same time, Standard & Poor's assigned a 'CCC' rating to the company's $300 million proposed convertible senior subordinated note issue, which is structurally subordinated to the debt of its Germany-based operations."

http://biz.yahoo.com/rf/021119/tech_advancedmicro_s_p_1.html


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