Microsoft Said to Plan Benchmark Bonds in First Issue Since 2011

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Microsoft Corp., the world’s largest software maker, is offering benchmark bonds in three parts with its first sale in 21 months.

The manufacturer of the Windows operating system may sell five-year notes, 10-year securities and 30-year debt as soon as today, according to a person familiar with the transaction. Proceeds from the offering, which will be of benchmark size, typically at least $500 million, will be used for general corporate purposes.