Net Proceeds to Primarily Fund Capital Return
SANTA CLARA, CA - NVIDIA Corporation (NASDAQ: NVDA) announced today its intention to offer, subject to market and other conditions, $1.3 billion aggregate principal amount of convertible senior notes due in 2018 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933. In addition, the Company expects to grant the initial purchaser of the notes an option to purchase up to an additional $200 million aggregate principal amount of notes from the Company to cover any over-allotments.
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