Microsoft Announces Debt Offering

Microsoft Corp. today announced the pricing of its offering of $2.25 billion of senior unsecured notes. The notes consist of the following tranches:

• $750 million of 2.500 percent notes due February 8, 2016

• $500 million of 4.000 percent notes due February 8, 2021

• $1 billion of 5.300 percent notes due February 8, 2041

Microsoft intends to use the net proceeds from the offering for general corporate purposes, which may include funding for working capital, capital expenditures, repurchases of stock and acquisitions. The offering is expected to close on February 8, 2011.

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