Microsoft May Sell Debt to Reward Stockholders : Report

Bloomberg reports that software giant Microsoft (MSFT) may sell senior unsecured notes as soon as today to reward shareholders. According to a regulatory filing that didn’t specify timing or maturity of the sale, the proceeds may be used for capital expenditures, stock buybacks and acquisitions. Bberg says the company may issue 5-, 10-, and 30-year debt in a benchmark offering. Benchmark sales are typically at least $500 million.

At last check, MSFT was down 25 cents, or 0.89%, to $27.69.

Create Content With AI

Risk Our Money Not Yours | Get 50% Off Any Account

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

About Ron Haruni 1065 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.