Summary by Futu AI
Microsoft Corporation has announced an exchange offer for five series of its outstanding restricted notes, registered under the Securities Act of 1933, as amended. The exchange offers are for any and all of the company's outstanding restricted notes set forth opposite the corresponding registered notes. The registered notes involved in the exchange include $762,661,000 3.400% Notes due 2026, $354,793,000 3.400% Notes due 2027, $448,585,000 1.350% Notes due 2030, $394,262,000 4.500% Notes due 2047, and $1,440,382,000 2.500% Notes due 2050. The exchange offers are made to satisfy Microsoft's obligations under the Registration Rights Agreement to holders of the restricted notes. The exchange offers will expire at 5:00 p.m., New York City time, on June 4, 2024, unless extended by the company. The exchange offers are not subject to any minimum aggregate principal amount of restricted notes being...Show More