Press Release Net
#1 Press Release Network
The #1 Press Release Network
REDMOND, Wash. — Jan. 30, 2017 — Microsoft Corp. on Jan. 30 announced the pricing of its offering of $17.00 billion aggregate principal amount of senior unsecured notes. The notes consist of the following tranches:
- $1.50 billion of 1.850 percent notes due February 6, 2020
- $1.75 billion of 2.400 percent notes due February 6, 2022
- $2.25 billion of 2.875 percent notes due February 6, 2024
- $4.00 billion of 3.300 percent notes due February 6, 2027
- $2.50 billion of 4.100 percent notes due February 6, 2037
- $3.00 billion of 4.250 percent notes due February 6, 2047
- $2.00 billion of 4.500 percent notes due February 6, 2057
Microsoft intends to use the net proceeds from the offering 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. The offerings are expected to close on February 6, 2017.
The joint book-running managers for the offering are Barclays Capital Inc., HSBC Securities (USA) Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Inc., Morgan Stanley & Co. LLC, U.S. Bancorp Investments Inc., BNP Paribas Securities Corp., and BNY Mellon Capital Markets LLC. The co-managers for the offering are Academy Securities, Inc., Blaylock Beal Van, LLC, CAVU Securities, LLC, C.L. King & Associates, Inc., Drexel Hamilton, LLC, Mischler Financial Group, Inc., Samuel A. Ramirez & Company, Inc. and Siebert Cisneros Shank & Co., L.L.C.
A copy of the prospectus relating to the offering may be obtained by calling Barclays Capital Inc. toll-free at 1 (888) 603-5847 or by emailing firstname.lastname@example.org; by calling HSBC Securities (USA) Inc. toll-free at 1 (866) 811-8049; by calling Citigroup Global Markets Inc. toll-free at 1 (800) 831-9146 or by emailing email@example.com; by calling Credit Suisse Securities (USA) LLC toll-free at 1 (800) 221-1037; by calling Goldman, Sachs & Co. toll-free at 1 (866) 471-2526 or by emailing firstname.lastname@example.org; by calling J.P. Morgan Securities LLC collect at 1 (212) 834-4533; by calling Merrill Lynch, Pierce, Fenner & Smith Inc. toll-free at 1 (800) 294-1322; by calling Morgan Stanley & Co. LLC toll-free at 1 (866) 718-1649 or by emailing email@example.com; by calling U.S. Bancorp Investments Inc. toll-free at 1 (877) 558-2607; by calling BNP Paribas Securities Corp. toll-free at 1 (800) 854-5674; by calling BNY Mellon Capital Markets LLC toll-free at 1 (800) 269-6864; or by contacting any of the other underwriters of the offering.
Microsoft (Nasdaq “MSFT” @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world, and its mission is to empower every person and every organization on the planet to achieve more.
Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://news.microsoft.com. Web links, telephone numbers and titles were correct at time of publication, but may have changed. For additional assistance, journalists and analysts may contact Microsoft Media Relations or other appropriate contacts listed at http://news.microsoft.com/microsoft-public-relations-contacts.