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

Tuesday February 10, 2015

Microsoft Announces Debt Offerings

Microsoft Corp. on Monday announced the pricing of its offering of $10.75 billion of senior unsecured notes. The notes consist of the following tranches:

  • $1.50 billion of 1.850 percent notes due Feb. 12, 2020

  • $1.50 billion of 2.375 percent notes due Feb. 12, 2022

  • $2.25 billion of 2.700 percent notes due Feb. 12, 2025

  • $1.50 billion of 3.500 percent notes due Feb. 12, 2035

  • $1.75 billion of 3.750 percent notes due Feb. 12, 2045

  • $2.25 billion of 4.000 percent notes due Feb. 12, 2055

Microsoft intends to use the net proceeds from the offering 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 Feb. 12, 2015.

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