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Microsoft to offer $1.15B in convertible debt

Microsoft to offer $1.15B in convertible debt

write me essay REDMOND, Wash. – Microsoft is planning to raise $1.15 billion by selling convertible debt to institutional investors. Proceeds will be used to repay debt. dissertation statistical services editorial hsc legal studies world order essay The senior notes due 2013 can be converted into cash, stock or a combination of both. Microsoft also is offering an additional $100 million in senior notes if there’s excess demand. How To Write Your Dissertation 000 Word labview assignment help To prevent share dilution once the debt is converted into stock, the Redmond, Wash., company plans to use capped call transactions that would automatically buy shares if the stock hits a certain price or higher.

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