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Microsoft Raises $3.8B in Bond Sale

Posted by kdawson on from the name-is-bond-cheap-bond dept.

pfleming writes "Microsoft quietly, or not so quietly, raised some cheap cash in bond sales yesterday. For a company that already has a huge cash war chest and doesn't carry debt, what is the incentive to sell nearly $4 billion in bonds? From the article: 'Microsoft is sitting on $25 billion in cash, so the company doesn't need the bond proceeds "unless they have something big in mind," says Reena Aggarwal, professor of finance at Georgetown University's McDonough School of Business.'"

3 of 437 comments (clear)

  1. It's obvious by Publikwerks · · Score: 1, Flamebait

    They are going to clone Jesus

  2. Slashdot? by ChatHuant · · Score: 0, Flamebait

    Maybe they want to buy Slashdot - but they overestimate the price, I'm sure the owners would let it go for a tenner or two...

  3. Re:Refunds by WizardFusion · · Score: 0, Flamebait

    The Bonds will fund refunds for Vista, and Windows 7 from consumers who want to upgrade to XP, or upgrade to Ubuntu.

    There, fixed that for you