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Fitch Rates Intel's $5 Billion Senior Notes Offering 'A+'

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CHICAGO--(BUSINESS WIRE)--Fitch rates Intel Corp.'s (Intel) $5 billion senior notes offering 'A+'. Intel will sell a mix of five-year, seven-year and 10-year notes in part to fund the $16.7 billion acquisition of Altera Corp. (Altera), which is expected to close by the end of 2015. Fitch currently rates Intel's long-term and short-term Issuer Default Ratings 'A+/F1'. The Rating Outlook is Stable. Pro forma for the debt issuance, Fitch rates $18.2 billion of debt. A full list of current ratings

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