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S&P: AMD could get lower debt-rating in '08

Posted: 31 Jul 2007  Print Version  Bookmark and Share Subscribe

Keywords: AMD debt-rating  cash flow  manufacturing process 

[Summary of tips] Standard & Poor's Rating Services (S&P) reaffirmed its B-negative rating on Advanced Micro Devices Inc. (AMD) and warned that its debt-rating could be lowered early in 2008 if the company failed to reverse the challenges it currently faces and improve upon its cash flow.A negative credit rating means AMD would have to pay a pre......
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