Microsoft Completes $17 Billion Debt Offering
02.07.17
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The Firm represented Microsoft Corporation in connection with its offering of $17 billion aggregate principal amount of senior notes.
Microsoft offered $1.5 billion of 1.85% notes due 2020, $1.75 billion of 2.4% notes due 2022, $2.25 billion of 2.875% notes due 2024, $4 billion of 3.3% notes due 2027, $2.5 billion of 4.1% notes due 2037, $3 billion of 4.25% due 2047 and $2 billion of 4.5% notes due 2057. 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 its capital stock, acquisitions 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, Ryan Coombs, Duncan Taylor and William Haynes (Capital Markets); and Tanvi Mirani (Tax).