Today's Hard|Forum Post
Today's Hard|Forum Post

Monday November 05, 2012

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:

  • $600 million of 0.875% notes due Nov. 15, 2017

  • $750 million of 2.125% notes due Nov. 15, 2022

  • $900 million of 3.500% notes due Nov. 15, 2042

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, acquisitions and repayment of existing debt. The offering is expected to close on Nov. 7, 2012.