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Microsoft Completes $19.75 Billion Debt Offering

08.09.16

The Firm represented Microsoft Corporation in connection with its offering of $19.75 billion aggregate principal amount of Senior Notes. 

Microsoft offered $2.5 billion of 1.1% notes due 2019, $2.75 billion of 1.55% notes due 2021, $1.5 billion of 2% notes due 2023, $4 billion of 2.4% notes due 2026, $2.25 billion of 3.45% notes due 2036, $4.5 billion of 3.7% due 2046 and $2.25 billion of 3.95% notes due 2056. The net proceeds from the offerings will be used for general corporate purposes, which may include, among other things, acquisitions (including its previously announced acquisition of LinkedIn Corporation), funding for working capital, capital expenditures, repurchases of its capital stock and repayment of its 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 included Bill Brentani, Kelli Schultz and Duncan Taylor (Capital Markets); and Tanvi Mirani (Tax).