Microsoft prices $25 billion bond offering across ten tranches
Microsoft ($MSFT) priced $25 billion of senior unsecured notes, confirming the size and terms of a major financing. The package comprises $2 billion of floating-rate debt and $23 billion of fixed-rate notes. Fixed coupons range from 4.85% to 6.35%, while maturities extend from 2028 to 2066, spreading the company’s repayment obligations over several decades. The offering is expected to close on November 4. Microsoft said the proceeds may support working capital, capital expenditure, acquisitions,
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