The company issued a total of 8 billion dollars

Source: Internet
Author: User
Keywords Microsoft the
Tags business company daily economic news economic financing it is microsoft microsoft ceo

According to Dealogic, the company issued a total of 8 billion U.S. dollars (about 48.7 billion yuan) of corporate bonds (in dollars and euros denominated in parallel debt), the company over the past more than 10 years to implement the largest corporate debt financing.

It is noteworthy that the financing occurred before the departure of Microsoft CEO Ballmer (January 1, 2014 formal retirement), and recently news that Microsoft will announce the new CEO candidate before Christmas.

In the case of Microsoft's sudden financing, insiders have told the Daily economic news reporter that Microsoft may be expanding for food. For now, Mr Ballmer's resignation has surfaced-and the board has been too slow to change. The large-scale financing plan is likely to meet the Board's request to increase the transition to equipment and service providers after the new successor comes to power. In addition, in order to expand the WP system's share, do not exclude the cancellation of licensing fees, because the current WP licensing fee has become a bottleneck in its development, and these operations need financial support.

The purpose of financing is not disclosed

Dealogic said Microsoft's 80-dollar corporate debt, including 3.25 billion-dollar bonds and 3.5 billion euros (about $4.75 billion trillion) of bonds, was issued. This is the largest dollar and euro corporate debt financing since the at&t issue of 10.1 billion dollar corporate debt in November 2001.

The source said that Microsoft issued 1.25 billion U.S. dollars 5-year bonds, 1.5 billion U.S. dollars 10-year bonds, and 500 million dollar 30-year bonds, the bond rating of AAA grade. And its account managers include Barclays, HSBC, JPMorgan Chase and Wells Fargo. Currently, the banks have not responded to the news.

Since this year, non-European companies have issued a total of $90.1 billion trillion in euro-denominated investment bonds, 1 time times more than last year and a record high since 2008, Dealogic said.

For financing purposes, the reporter contacted Microsoft China, the relevant spokesperson, but the other side has not commented on this. But Microsoft said in a paper that it plans to use bond yields for "general business purposes", including working capital, stock buybacks, acquisitions, and the payment of current debt.

or for hardware inputs

Microsoft has long been seen as a "money-poor" company. Microsoft now has as much as $76.4 billion trillion of foreign cash reserves, according to U.S. Securities and Exchange Commission filings.

In September this year, Microsoft was a big spender on Nokia's equipment and services business at a price of € 5.44 billion (about 7.4 billion dollars).

For the financing, Shen Yao, a senior IT media person, told the daily economic news that Microsoft's massive financing could be used for hardware inputs, and Microsoft's ambitions were more than just handsets.

In the mobile Internet era, Microsoft has been caught in a bottleneck, and it has always been too late for some major events to show a "Microsoft decline" in the world.

The massive financing increases Microsoft's future hematopoietic strength, Microsoft's high hopes in these years of projects, including search, cloud computing, mobile phones and so on, basically rely on acquisitions to catch up. Clearly, the future will also continue through acquisitions to help Microsoft into mobile devices and cloud service-led post-PC era.

In addition, Nokia is still in the "burning Money" state. The loss-laden Nokia handset business "burns money" nearly 300 million dollars a month before Nokia was bought, Bloomberg reported.

Notably, it has been reported that since the completion of the acquisition of Motorola Mobility, the latter's cumulative total loss has reached 1 billion U.S. dollars. The technology media Theverge said that if Motorola continued to lose money, Google would be forced to subtract 12.5 billion of billions of dollars in assets.

This is no doubt a wake-up call for Microsoft, which has a Nokia phone, to seek more investment or to become a capital guarantee for its future transformation.

In addition, Microsoft's WP system, still take the licensing fee for external authorization, similar practice has been "inappropriate." The financing also for Microsoft's new helm of the WP system related to the operation of the mechanism to make up the money.

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