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Published on 3/26/2020 in the Prospect News Investment Grade Daily.

Nvidia plans to price dollar-denominated notes in four tranches

By Devika Patel

Knoxville, Tenn., March 26 – Nvidia Corp. is marketing four tranches of dollar-denominated notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes will have a make-whole call until the par call date and a par call after that.

Goldman Sachs & Co. LLC is the bookrunner.

The Santa Clara, Calif., visual computing company will use the proceeds for general corporate purposes, including debt repayment.


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