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

Friday October 30, 2015

Microsoft Announces Debt Offerings

Microsoft Corp. on Thursday announced the pricing of its offering of $13 billion aggregate principal amount of senior unsecured notes. The notes consist of the following tranches:

  • $1.75 billion of 1.300 percent notes due November 3, 2018

  • $2.25 billion of 2.000 percent notes due November 3, 2020

  • $1.00 billion of 2.650 percent notes due November 3, 2022

  • $3.00 billion of 3.125 percent notes due November 3, 2025

  • $1.00 billion of 4.200 percent notes due November 3, 2035

  • $3.00 billion of 4.450 percent notes due November 3, 2045

  • $1.00 billion of 4.750 percent notes due November 3, 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 November 3, 2015.

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