Banking, finance, and taxes
Microsoft Debt Registration (MSFT)
Published:
Last Updated:
Microsoft Corporation (NASDAQ: MSFT) has just filed a shelf registration statement with the SEC that will allow the company to sell debt instruments from time to time if it chooses. No terms were given, no size is indicated, and no underwriters are mentioned.
The company said the use of funds will be for general corporatepurposes, which may include funding for working capital, capitalexpenditures, repurchases of our capital stock and acquisitions.
With $25 billion or more in liquidity, you wonder if this isn’t justanother regular filing. Of course it could also be adding someleverage to its books to conduct that super-buyback. With shares at a decade low, anything is possible.
Jon C. Ogg
November 20, 2008
Essential Tips for Investing (Sponsored)
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
