11.05.2009 23:20 Uhr, Quelle: MacNN

Microsoft to sell bonds for the first time

The world's largest software vendor, Microsoft, is selling bonds for the first time as of today. Despite having $25 billion in cash, the company has at least enough demand for $15 billion in bonds, an investor says. According to a Monday WSJ report, the company will sell notes that mature in five, 10 or 30 years. The prospectus says net proceeds from the sale will be used for general corporate pur

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