Add as a preferred source on GoogleMicrosoft Prices $25 Billion Bond Sale as Tech Borrowing for AI Grows
The 10-tranche offering is intended to support capital spending, share repurchases and general corporate needs.
Microsoft priced $25 billion in senior unsecured bonds Thursday, Oct. 29, advancing a 10-tranche U.S. sale whose proceeds are intended to cover capital expenditures, share repurchases and broader corporate needs.
The company's earlier sale plan split the debt into 10 tranches, with maturities spanning two to 40 years. Net proceeds are intended for general corporate purposes.
Technology-sector borrowing has grown alongside investment in AI infrastructure. By early May, Meta, Alphabet, Amazon, Microsoft and Oracle together represented more than 15% of U.S. investment-grade debt issuance, a backdrop to the sector's AI-linked bond borrowing.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.