The Firm represented Microsoft Corporation in connection with its inaugural offering of euro-denominated debt securities and its offering of U.S. dollar-denominated debt securities. The underwriters for both offerings were led by BofA Merrill Lynch and RBS.
Microsoft offered €550 million of 2.625% Notes due 2033, $450 million of 1.000% Notes due 2018, $1 billion of 2.375% Notes due 2023 and $500 million of 3.750% Notes due 2043. The euro-denominated notes are listed on the Global Exchange Market, which is the exchange regulated market of the Irish Stock Exchange. The net proceeds from the offerings will be used for general corporate purposes, which may include, among other things, funding for working capital, capital expenditures, repurchases of capital stock, acquisitions and repayment of existing debt.
Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
The Simpson Thacher team for the debt offerings included William B. Brentani, Kirsten L. Davis, Sara L. Terheggen and Emiko Kurotsu (Capital Markets), and Katharine Moir and Daniel Foster (Tax).
Related Posts:
- Simpson Thacher Represents Underwriters in Connection with Oracle’s €2 Billion and $3 Billion Investment-Grade Note Offerings
- Simpson Thacher Represents Microsoft Corporation in $13 Billion Debt Offering and $5 Billion 364-Day Credit Agreement
- Simpson Thacher – CBRE Completes $600 Million Senior Notes Offering
- Simpson Thacher Represents CBRE in $800 Million Senior Notes Offering
- Simpson Thacher Advises on Apple’s $3.5 Billion Reopening of Bond Offering
