Microsoft’s US bond sale seeks at least $25B as AI spending climbs
Photo: The Cryptonomist
Microsoft is seeking at least $25 billion through a US bond sale , returning to the country’s high-grade debt market for the first time since 2017 as spending on AI infrastructure accelerates. The borrowing comes after the company spent $45.2 billion on data centres and equipment in the quarter ending in September, while demand for its cloud services continued to exceed supply. Key takeaways The offering spans up to 10 tranches, with maturities of two to 40 years. Microsoft retains the highest credit rating, shared by only one other US company.
Source: The Cryptonomist
