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Microsoft announces debt offerings
Posted: Tue Aug 02, 2016 08:50:07 AM
 
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REDMOND, Wash. Aug. 1, 2016 Microsoft Corp. on Aug. 1 announced the pricing of its offering of $19.75 billion aggregate principal amount of senior unsecured notes. The notes consist of the following tranches:

  • $2.50 billion of 1.100 percent notes due Aug. 8, 2019
  • $2.75 billion of 1.550 percent notes due Aug. 8, 2021
  • $1.50 billion of 2.000 percent notes due Aug. 8, 2023
  • $4.00 billion of 2.400 percent notes due Aug. 8, 2026
  • $2.25 billion of 3.450 percent notes due Aug. 8, 2036
  • $4.50 billion of 3.700 percent notes due Aug. 8, 2046
  • $2.25 billion of 3.950 percent notes due Aug. 8, 2056

Microsoft intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, acquisitions (including its previously announced acquisition of LinkedIn Corp.), funding for working capital, capital expenditures, repurchases of its capital stock and repayment of its existing debt. The offerings are expected to close on Aug. 8, 2016.

 
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