REDMOND, Wash., May 14, 2020 \/PRNewswire\/ -- Microsoft Corp. (NASDAQ: MSFT) (\"Microsoft\") announced today the pricing terms with respect to its offers to (i) exchange (the \"Pool 1 Offer\") the ten series of notes described in the table below (collectively, the \"Pool 1 Notes\") for a new series of Microsoft's 2.525% notes due June 1, 2050 (the \"New 2050 Notes\") and a cash payment, as applicable. For each $1,000 principal amount of Pool 1 Notes validly tendered and not validly withdrawn prior to 11:59 p.m., New York City time, on May 28, 2020 (the \"Expiration Time\") and accepted by Microsoft, the following table sets forth the yield, the total exchange consideration, the principal amount of the New 2050 Notes and the amount of the cash payment, as applicable:<\/p>\n
Pool 1 Table(1)<\/p>\n
Title of<\/p>\n
Security<\/p>\n
CUSIP<\/p>\n
Number<\/p>\n
Acceptance Priority Level<\/p>\n
Reference<\/p>\n
UST Security(2)<\/p>\n
Fixed<\/p>\n
Spread<\/p>\n
(basis<\/p>\n
points)<\/p>\n
Yield(3)<\/p>\n
Early<\/p>\n
Exchange<\/p>\n
Premium(4)<\/p>\n
Total<\/p>\n
Exchange<\/p>\n
Consideration<\/p>\n
(4)(5)<\/p>\n
Principal<\/p>\n
Amount<\/p>\n
of New<\/p>\n
Notes(6)<\/p>\n
Cash Payment(4)<\/p>\n
4.875% Notes due 2043<\/p>\n
594918AX2<\/p>\n
1<\/p>\n
30-year<\/p>\n
+110<\/p>\n
2.375%<\/p>\n
$30<\/p>\n
$1,441.62<\/p>\n
$1,000.00<\/p>\n
$441.62<\/p>\n
5.300% Notes due 2041<\/p>\n
594918AM6<\/p>\n
2<\/p>\n
30-year<\/p>\n
+105<\/p>\n
2.325%<\/p>\n
$30<\/p>\n
$1,486.31<\/p>\n
$1,000.00<\/p>\n
$486.31<\/p>\n
4.450% Notes due 2045<\/p>\n
594918BL7<\/p>\n
3<\/p>\n
30-year<\/p>\n
+110<\/p>\n
2.375%<\/p>\n
$30<\/p>\n
$1,388.59<\/p>\n
$1,000.00<\/p>\n
$388.59<\/p>\n
4.250% Notes due 2047<\/p>\n
594918CA0<\/p>\n
4<\/p>\n
30-year<\/p>\n
+110<\/p>\n
2.375%<\/p>\n
$30<\/p>\n
$1,363.95<\/p>\n
$1,000.00<\/p>\n
$363.95<\/p>\n
5.200% Notes due 2039<\/p>\n
594918AD6<\/p>\n
5<\/p>\n
30-year<\/p>\n
+95<\/p>\n
2.225%<\/p>\n
$30<\/p>\n
$1,458.92<\/p>\n
$1,000.00<\/p>\n
$458.92<\/p>\n
4.500% Notes due 2040<\/p>\n
594918AJ3<\/p>\n
6<\/p>\n
30-year<\/p>\n
+100<\/p>\n
2.275%<\/p>\n
$30<\/p>\n
$1,360.57<\/p>\n
$1,000.00<\/p>\n
$360.57<\/p>\n
3.750% Notes due 2043<\/p>\n
594918AU8<\/p>\n
7<\/p>\n
30-year<\/p>\n
+110<\/p>\n
2.375%<\/p>\n
$30<\/p>\n
$1,237.91<\/p>\n
$1,000.00<\/p>\n
$237.91<\/p>\n
3.750% Notes due 2045<\/p>\n
594918BD5<\/p>\n
8<\/p>\n
30-year<\/p>\n
<\/p>\n
Continue reading here:<\/p>\n
Microsoft announces pricing terms for its exchange offers and increases the New 2060 Notes Issue Cap - NBC Right Now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" REDMOND, Wash., May 14, 2020 \/PRNewswire\/ -- Microsoft Corp. (NASDAQ: MSFT) (\"Microsoft\") announced today the pricing terms with respect to its offers to (i) exchange (the \"Pool 1 Offer\") the ten series of notes described in the table below (collectively, the \"Pool 1 Notes\") for a new series of Microsoft's 2.525% notes due June 1, 2050 (the \"New 2050 Notes\") and a cash payment, as applicable. For each $1,000 principal amount of Pool 1 Notes validly tendered and not validly withdrawn prior to 11:59 p.m., New York City time, on May 28, 2020 (the \"Expiration Time\") and accepted by Microsoft, the following table sets forth the yield, the total exchange consideration, the principal amount of the New 2050 Notes and the amount of the cash payment, as applicable: Pool 1 Table(1) Title of Security CUSIP Number Acceptance Priority Level Reference UST Security(2) Fixed Spread (basis points) Yield(3) Early Exchange Premium(4) Total Exchange Consideration (4)(5) Principal Amount of New Notes(6) Cash Payment(4) 4.875% Notes due 2043 594918AX2 1 30-year +110 2.375% $30 $1,441.62 $1,000.00 $441.62 5.300% Notes due 2041 594918AM6 2 30-year +105 2.325% $30 $1,486.31 $1,000.00 $486.31 4.450% Notes due 2045 594918BL7 3 30-year +110 2.375% $30 $1,388.59 $1,000.00 $388.59 4.250% Notes due 2047 594918CA0 4 30-year +110 2.375% $30 $1,363.95 $1,000.00 $363.95 5.200% Notes due 2039 594918AD6 5 30-year +95 2.225% $30 $1,458.92 $1,000.00 $458.92 4.500% Notes due 2040 594918AJ3 6 30-year +100 2.275% $30 $1,360.57 $1,000.00 $360.57 3.750% Notes due 2043 594918AU8 7 30-year +110 2.375% $30 $1,237.91 $1,000.00 $237.91 3.750% Notes due 2045 594918BD5 8 30-year Continue reading