The Firm represented Microsoft Corporation in connection with its offering of $10.75 billion aggregate principal amount of senior notes.
Microsoft offered $1.50 billion of 1.85% notes due 2020, $1.50 billion of 2.375% notes due 2022, $2.25 billion of 2.7% notes due 2025, $1.50 billion of 3.5% notes due 2035, $1.75 billion of 3.75% notes due 2045 and $2.25 billion of 4% notes due 2055. The net proceeds from the offerings will be used for general corporate purposes, which may include, among other things, funding for working capital, capital expenditures, repurchases of capital stock, acquisitions and repayment of existing debt.
Microsoft is the worldwide leader in software, services, devices and solutions that help people and businesses realize their full potential.
The Simpson Thacher team for the debt offerings included Bill Brentani, Kirsten Davis, Kelli Schultz, Jacob Mayers and Drew Simon-Rooke (Capital Markets); and Noah Metz (Tax).