(Bloomberg) -- Microsoft sold $10.8 billion of debt in its biggest bond sale on record, taking advantage of investor demand for the highest-rated corporate securities.
The worlds largest software maker sold notes in six parts, including $2.25 billion of 40-year obligations with a 4% coupon, according to data compiled by Bloomberg. Those bonds sold at a yield of 153 basis points more than 30-year Treasuries. The company increased its sale by 54% after marketing $7 billion of debt earlier in the day.
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