Microsoft Corp. is preparing to launch its first US high-grade bond sale in over nine years, aiming to raise at least $25 billion. The move comes as the tech giant joins competitors in a borrowing surge to finance investments in artificial intelligence. The final size of the offering may vary based on market demand, according to sources familiar with the plans.
The bond sale marks a significant shift for Microsoft, which has not issued investment-grade bonds in the US since 2017. The proceeds will likely support the company's aggressive AI initiatives, reflecting a broader trend in the tech industry to secure funding for cutting-edge developments.
While no official decision has been made regarding the exact amount, the potential $25 billion raise underscores the scale of Microsoft's ambitions. The company's move is part of a larger wave of corporate borrowing aimed at capitalizing on the AI boom, which has become a key driver of growth and innovation.