Microsoft Plans to Raise at Least $25 Billion Through Bond Issuance

Microsoft plans to raise at least $25 billion through the issuance of U.S. bonds, marking its first high-grade bond issuance in over nine years. This issuance is driven by a surge in financing demand due to the AI investment boom, with Microsoft joining its peers in borrowing. The plan includes issuing benchmark bonds in 10 tranches, with maturities ranging from 2 to 40 years. The initial pricing guidance for the longest bond (maturing in 2066) is set to be up to 1.35 percentage points higher than U.S. Treasury yields. Wells Fargo, JPMorgan Chase, and UBS Group will be responsible for this bond issuance. The proceeds will be used for general corporate purposes, including capital expenditures. This issuance ends Microsoft's long absence from the bond market, with the last high-rated bond issuance occurring in 2017, raising $17 billion.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.