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Microsoft Seeks to Raise $3.75 Billion Bond Offering
engine

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Msg#: 3911172 posted 5:56 pm on May 11, 2009 (gmt 0)

Microsoft Seeks to Raise $3.75 Billion Bond Offering [bloomberg.com]
Microsoft Corp., the world’s largest software maker, plans to sell $3.75 billion of debt in its first bond offering, taking advantage of its top credit ratings to help fund a share buyback and technology investments.

The sale will be split among $2 billion of 5-year notes, $1 billion of 10-year debt, and $750 million 30-year bonds, according to a person familiar with the offering who declined to be identified because terms aren’t set. The debt is expected to price as soon as today, the person said.


 

bill

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Msg#: 3911172 posted 1:35 am on May 12, 2009 (gmt 0)

They're offering pretty good rates. ;)

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