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Microsoft Announces Debt Offering

In the news release, Microsoft Announces Debt Offering, issued 02-Nov-2012 by Microsoft Corp. over PR Newswire, we are advised by the company that the 2nd bullet under the first paragraph, should read " $750 million of 2.125% notes due Nov. 15, 2022" rather than " $750 million of 2.250% notes due Nov. 15, 2022 " as originally issued inadvertently. The complete, corrected release follows:

Microsoft Announces Debt Offering

REDMOND, Wash., Nov. 2, 2012 /PRNewswire/ -- Microsoft Corp. today 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 Nov. 15, 2017
  • $750 million of 2.125% notes due Nov. 15, 2022
  • $900 million of 3.500% notes due Nov. 15, 2042

(Logo:  http://photos.prnewswire.com/prnh/20000822/MSFTLOGO)

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 Nov. 7, 2012.

A copy of the prospectus relating to the offering may be obtained by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; by emailing barclaysprospectus@broadridge.com; or by calling toll-free at 1 (888) 603-5847; or J.P. Morgan Securities LLC, Attention: Investment Grade Syndicate Desk, 383 Madison Avenue, 3rd Floor, New York, NY 10179; or by calling collect at (212) 834-4533; or UBS Securities LLC, Attention: Prospectus Specialist, 299 Park Avenue, New York, NY 10171; or by calling toll-free at 1 (877) 827-6444, ext. 561 3884; or by contacting any of the other underwriters of the offering.

Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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