REDMOND (dpa-AFX) - Microsoft Corp. (MSFT) announced the pricing of its offering of $2.25 billion of senior unsecured notes. The notes consist of $600 million of 0.875% notes due November 15, 2017;$750 million of 2.250% notes due November 15, 2022; $900 million of 3.500% notes due November 15, 2042.
The company said that it intends to use the net proceeds from the offering for general corporate purposes, which may include funding for working capital, capital expenditures, repurchases of stock, acquisitions and repayment of existing debt. The offering is expected to close on November 7, 2012.
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