New Issue-Microsoft Corp sells $3.75 bln in three parts
May 11 (Reuters) - Microsoft Corp (MSFT.O: Quote, Profile, Research) on Monday sold $3.75 billion of notes in a three-part debt sale, said IFR, a Thomson Reuters service.
JP Morgan and Morgan Stanley were the active joint bookrunning managers. While Bank of America and Citigroup were the passive joint bookrunning managers for the sale. BORROWER: MICROSOFT CORP FIRST TRANCHE: AMT $2.0 BLN COUPON 2.95 PCT MATURITY 6/1/2014 TYPE SR NOTES ISS PRICE 99.902 FIRST PAY 12/1/2009 MOODY'S Aaa YIELD 2.971 PCT SETTLEMENT N/A S&P TRIPLE-A SPREAD 95 BPS/ PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE SECOND TRANCHE: AMT $1.0 BLN COUPON 4.20 PCT MATURITY 6/1/2019 TYPE SR NOTES ISS PRICE 99.950 FIRST PAY 12/1/2009 MOODY'S Aaa YIELD 4.206 PCT SETTLEMENT N/A S&P TRIPLE-A SPREAD 105 BPS/ PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE THIRD TRANCHE: AMT $750 MLN COUPON 5.20 PCT MATURITY 6/1/2039 TYPE SR NOTES ISS PRICE 99.786 FIRST PAY 12/1/2009 MOODY'S Aaa YIELD 5.214 PCT SETTLEMENT N/A S&P TRIPLE-A SPREAD 105 BPS/ PAY FREQ SEMI-ANNUAL FITCH N/A MORE THAN TREAS NON-CALLABLE
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