Moody's rates Intel debt A1

Moody's Investors Service said it assigned an A1 rating to the proposed senior unsecured debt offering by Intel Corp.

Proceeds of the offering are expected to be used for general corporate purposes.

The outlook is stable.

Moody's said the A1 long-term and Prime-1 short-term ratings reflect Intel's dominant and defensible position in the microprocessor sector, a strong liquidity profile and modest financial leverage.

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