REDMOND, Wash., Jan. 30, 2017 /PRNewswire/ -- 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 barclaysprospectus@broadridge.com; 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
prospectus@citi.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 prospectus-ny@ny.email.gs.com; 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 prospectus@morganstanley.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.
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SOURCE Microsoft Corp.