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Microsoft logs record debt sale to fund LinkedIn deal

Aug. 02, 2016 2:05 AM ETMicrosoft Corporation (MSFT) StockMSFTBy: Yoel Minkoff, SA News Editor17 Comments
  • Helping finance its planned purchase of LinkedIn (LNKD), Microsoft (NASDAQ:MSFT) has raised $19.75B in its biggest ever debt sale and the fifth largest corporate bond sale on record.
  • Strong demand helped the company to borrow at lower rates than it paid for the $13B of bonds it raised in October, as portfolio managers search out income.
  • Trillions of dollars of sovereign and corporate debt are already trading with a yield below zero.

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