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

Wednesday December 04, 2013

Microsoft Announces Debt Offerings

Microsoft Corp. on Tuesday announced the pricing of its offerings of آ€3.5 billion of senior unsecured notes and $3.25 billion of senior unsecured notes. The notes consist of the following tranches:

  • آ€1.75 billion of 2.125 percent notes due Dec. 6, 2021

  • آ€1.75 billion of 3.125 percent notes due Dec. 6, 2028

  • $1.25 billion of 1.625 percent notes due Dec. 6, 2018

  • $1.50 billion of 3.625 percent notes due Dec. 15, 2023

  • $500 million of 4.875 percent notes due Dec. 15, 2043

Microsoft intends to use the net proceeds from the offerings for general corporate purposes, which may include, among other things, funding for working capital, capital expenditures, repurchases of capital stock, acquisitions and repayment of existing debt. The offerings are expected to close on Dec. 6, 2013.