Microsoft prices $25 billion debt offering

Microsoft said it priced $25 billion in senior unsecured notes on October 29, with the offering expected to close on November 4, 2026. The debt includes two floating-rate tranches and eight fixed-rate tranches, with maturities ranging from 2028 to 2066. Microsoft intends to use the proceeds for general corporate purposes, potentially including working capital, capital expenditures, stock repurchases, acquisitions and repayment of existing debt. Fixed interest rates range from 4.85 percent for notes due in 2028 to 6.35 percent for notes due in 2066.