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Microsoft Corp Announces Debt Offering


Friday, 2 Nov 2012 06:24pm EDT 

Microsoft Corp announced the pricing of its offering of $2.25 billion of senior unsecured notes. The notes consist of the following tranches: $600 million of 0.875% notes due November 15, 2017; $750 million of 2.250% notes due November 15, 2022; $900 million of 3.500% notes due November 15, 2042. Microsoft intends to use the net proceeds from the offering for general corporate purposes, which may include funding for working capital, capital expenditures, repurchases of stock, acquisitions and repayment of existing debt. The offering is expected to close on November 7, 2012. 

Company Quote

44.83
-0.0050 -0.01%
22 Jul 2014