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Microsoft Raises $25 Billion in Bonds Days After Offering Buyouts to 60,000 Staff

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Microsoft has priced a $25 billion bond sale, its first U.S. investment-grade bond offering since 2017. The sale came only days after the company offered voluntary exit packages to roughly 60,000 employees. Investor orders reached $115 billion across ten tranches, showing strong demand for the debt. Chief Financial Officer Amy Hood said demand for Azure cloud services is outpacing the company's available supply. The proceeds are intended to help fund artificial intelligence data center spending, with capital expenditures approaching $175 billion.

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