Microsoft plans US investment-grade bond sale of at least $25 billion
Overview
Microsoft plans to issue US investment-grade bonds raising at least $25 billion, according to Bloomberg, its first such offering in more than nine years.
The bonds would come in up to 10 tranches with maturities from 2 to 40 years. Wells Fargo, JPMorgan and UBS are named as underwriters, and proceeds would fund general corporate purposes including capital expenditures.
The sale follows a $25 billion bond issue by Alphabet in August. IT Home reports that the move reflects market concern about whether AI investment can be sustained, without giving a source for that characterization.
Written by AI from the articles below · updated Oct 29, 9:21 AM ET
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- IThome · AINewsMicrosoft plans bond sale of at least $25 billion to fund AI spending
AIMicrosoft plans to issue U.S. investment-grade bonds raising at least $25 billion, according to Bloomberg, its first such offering in more than nine years. The bonds will have up to 10 tranches, with maturities from 2 to 40 years, and the proceeds will fund general corporate purposes including capital expenditures. The sale follows Alphabet's $25 billion bond issue in August and reflects market concern about whether AI investment can be sustained.
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