Microsoft reportedly plans US bond sale to fund AI investment
Bloomberg, citing people familiar with the matter, reported that Microsoft is looking to raise at least $25 billion through a US high-grade bond sale, its first such US offering since 2017. The deal may include up to 10 tranches with maturities ranging from two to 40 years, and Wells Fargo, JPMorgan Chase and UBS are managing the sale. The final size depends on investor demand. Another report described the target as raising as much as $25 billion.
Microsoft’s borrowing comes as AI infrastructure costs are changing its financing needs. Its cloud services demand continues to exceed available capacity, and the reported proceeds would support general corporate purposes, including capital expenditure.
Microsoft is looking to raise at least $25bn through a US bond sale, its first high-grade debt offering in the country since 2017, Bloomberg reported, citing people familiar with the matter.
The deal is divided into as many as 10 tranches, with repayment dates ranging from two to 40 years. Its final size will depend on investor demand, Bloomberg reported. Wells Fargo, JPMorgan Chase and UBS are managing the sale.