Quote post: @unusual_whales on Microsoft's first bond sale since 2017
Microsoft is selling at least $25B of bonds, its first deal since a $17B raise in 2017. That's 47% bigger. I think the 40-year tranche due 2066 is the tell. Even a AAA balance sheet wants outside money for AI capex now.
Not financial advice
https://x.com/unusual_whales/status/2115820199890866461
Sources: Bloomberg: first high-grade sale in 9+ years, up to 10 tranches from 2 to 40 years, longest due 2066 · Investing.com: at least $25B in 10 tranches, last raised $17B in 2017, expected Aaa/AAA, proceeds include capex · TNW: at least $25bn, last major US bond sale January 2017 raised $17bn
Not financial advice. For informational and educational purposes only.
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