Intel intends to price senior notes in six tranches

By Rebecca Melvin

New York, March 20 – Intel Corp. is offering dollar-denominated senior notes (A1) in six tranches, according to a 424B5 filing with the Securities and Exchange Commission on Friday.

The notes will redeemable at the option of the company.

BofA Securities Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are joint bookrunners of the SEC-registered deal.

Proceeds will be used for general corporate purposes, including to refinance debt, for working capital and for capital expenditures.

Intel is a semiconductor chip maker based in Santa Clara, Calif.

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