Microsoft $2.25 Billion Debt May Reward Shareholders
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Microsoft Corp., the world’s largest software maker, plans to sell $2.25 billion of debt as soon as today as investment-grade companies tap the corporate bond market to reward shareholders.
Proceeds may be used for working capital, stock buybacks and acquisitions, the Redmond, Washington-based company said today in a regulatory filing. Microsoft is offering 5-, 10- and 30-year senior unsecured debt, according to a person familiar with the transaction.