IBM Raises Over $7 Billion From Cross-Border Bond Offering
International Business Machines Corp. raised nearly $7.5 billion in the corporate bond market, kicking off what is expected to be a flood of borrowing from the tech sector in 2026.
The US firm on Thursday concluded a $3.25 billion, five-part dollar bond offering spanning three to 30 years, according to people with direct knowledge of the matter who asked not to be identified. It also priced a €3.5 billion ($4.2 billion), four-tranche bond offering in Europe spanning two to 12 years.