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Microsoft To Raise $3.75B In First Debt Offering

Stock quotes in this article: HOT , MSFT , WHR  

SEATTLE (AP) — Microsoft Corp. priced a $3.75 billion debt offering on Monday, a first for the world's largest software maker.

Microsoft said in a Securities and Exchange Commission filing that it is offering five, 10 and 30-year senior unsecured notes. In a press release, the company said it will sell $2 billion of 2.95 percent notes due June 1, 2014; $1 billion of 4.20 percent notes due June 1, 2019 and $750 million of 5.20 percent notes due June 1, 2039.

The software maker said it will use proceeds from the sale for general corporate purposes, including possible acquisitions and stock buybacks. ...

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