AMD 1995 Annual Report Download - page 243

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through 1998 $150,000 $ --
Promissory notes with principal and
6.88% interest payable annually
through January 2000, secured by a
partnership interest 10,276 11,946
Mortgage with principal and 9.88%
interest payable in monthly installments
through April 2007 2,167 2,382
Obligations under capital leases 77,299 82,714
Obligations secured by equipment 4,990 6,482
Other 94 123
------- -------
244,826 103,647
Less: current portion (29,861) (27,895)
------- -------
Long-term debt and capital lease
obligations, less current portion $214,965 $ 75,752
======= =======
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On January 5, 1995, the company obtained a $150 million four-year term loan with
a consortium of eight commercial banks. The loan has a floating interest rate
that resets on the one, two, three, or six month LIBOR and requires quarterly
interest payments with the principal to be paid at the end of the term in 1998.
The interest rate on the loan at December 31, 1995 was 7.06 percent.
- --------------------------------------------------------------------------------
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996