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Microsoft Announces Debt Offerings

By TechTaffy Desk

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Microsoft released the pricing of its offerings of €550 million of senior unsecured notes and $1.950 billion of senior unsecured notes.

The notes consist of the following tranches:

  • €550 million of 2.625 percent notes due May 2, 2033
  • $450 million of 1.000 percent notes due May 1, 2018
  • $1 billion of 2.375 percent notes due May 1, 2023
  • $500 million of 3.750 percent notes due May 1, 2043

Microsoft says it intends to use the net proceeds from the offerings 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 May 2, 2013.

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