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Microsoft selling $7B in debt, sees over $26B in orders

  • With the company having recently promised to use up the $31B remaining on its $40B buyback authorization by the end of 2016, Microsoft (MSFT +0.4%) is tapping debt markets again, offering both floating-rate notes and multiple tranches of fixed-rate notes.
  • The prospectus doesn't provide an offering size or maturity dates, but Reutersreports $7B worth of debt is expected to be sold, in orders have been taken in, and that maturities range from 5 to 40 years. Read More..