Triple-A rated Microsoft priced $25 billion of senior notes in 10 parts on October 29, after saying its capital spending, which exceeded $50 billion in the latest quarter and is projected at roughly $170 billion for the fiscal year, would accelerate next year. The notes were priced at 5.20% for five years (T+45), 5.55% for 10 years (T+65) and 6.25% for 30 years (T+95), and traded 2-3 bps wide of pricing in early trading on October 30. Five traditional hyperscalers, including Amazon, Alphabet, Meta Platforms, Microsoft and Oracle, have issued $182 billion of senior notes in US markets this year, up from $93.3 billion last year and under $17 billion in 2024.
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MSFT
• NeutralMicrosoft
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/29/2026 | 530.43 |
| Change that session | -0.11% |
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