Microsoft sold bonds worth $ 17 billion
According to sources, Microsoft has sold bonds worth $ 17 billion. Initially, the company intended to sell securities in the amount of $ 14 billion, but investor interest allowed to increase the issue.
The proceeds the company will spend for General corporate purposes, including to repay short-term debt incurred in the transaction on absorption of LinkedIn over 26 billion dollars. Bonds issued by Microsoft this time have seven different maturities ranging from three years and ending with 40.
Note that in August last year, Microsoft has sold bonds worth almost $ 20 billion.