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NVIDIA grosses $998.0 million from debt offering


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NVIDIA grosses $998.0 million from debt offering

NVIDIA Corp. raised gross proceeds of $998.0 million from an offering of 3.20% senior unsecured notes due Sept. 16, 2026.

The company plans to use the proceeds for general corporate purposes or working capital, investment in securities, redemption or repayment of debt securities, and repurchase of securities.

Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC were the lead underwriters.

Barclays Capital Inc., HSBC Securities (USA) Inc., SunTrust Robinson Humphrey Inc. and U.S. Bancorp Investments Inc. also served as underwriters for the offering.