From CNET News.com: Microsoft on Monday filed to issue debt that could see the company raising billions in additional capital.
In September, Microsoft's board authorized the company to issue up to $6 billion in debt. It has already issued $2 billion in short-term debt, known as commercial paper. Given that, Microsoft could potentially issue $4 billion as part of the new debt offering, which is structured as a three-part offering, with varying maturity dates.
The company did not specifically say what it would do with the money, offering a boilerplate statement that it would use the money "for general corporate purposes, which may include funding for working capital, capital expenditures, repurchases of our capital stock and acquisitions."
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