Microsoft announces debt offerings

REDMOND, Wash. — October 29, 2026 — Microsoft Corp. on October 29 announced the pricing of its offering of $25 billion aggregate principal amount of senior unsecured notes. The notes consist of the following tranches:

Floating Rate Notes

• $1.00 billion of floating rate notes due November 3, 2028
• $1.00 billion of floating rate notes due November 3, 2029

Fixed Rate Notes

• $2.00 billion of 4.85 percent notes due November 3, 2028
• $3.25 billion of 5.00 percent notes due November 3, 2029
• $3.25 billion of 5.20 percent notes due November 3, 2031
• $2.50 billion of 5.35 percent notes due November 3, 2033
• $4.00 billion of 5.55 percent notes due November 3, 2036
• $2.00 billion of 6.15 percent notes due November 3, 2046
• $4.00 billion of 6.25 percent notes due November 3, 2056
• $2.00 billion of 6.35 percent notes due November 3, 2066

Microsoft intends to use the net proceeds from the offering for general corporate purposes, which may include, among other things, funding for working capital, capital expenditures, repurchases of capital stock, acquisitions, and repayment of existing debt. The offerings are expected to close on November 4, 2026.

The joint book-running managers for the offering are J.P. Morgan Securities LLC, UBS Securities LLC, Wells Fargo Securities, LLC, Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC, and RBC Capital Markets, LLC. The co-managers for the offering are Academy Securities, Inc., Blaylock Van, LLC, CastleOak Securities, L.P., Drexel Hamilton, LLC, Loop Capital Markets LLC, R. Seelaus & Co., LLC, Samuel A. Ramirez & Company, Inc., Siebert Williams Shank & Co., LLC, CAVU Securities LLC, C.L. King & Associates, Inc., MFR Securities, Inc., and Mischler Financial Group, Inc.

A copy of the prospectus relating to the offering may be obtained by calling J.P. Morgan Securities LLC at (212) 834-4533, UBS Securities LLC at (833) 481-0269, or Wells Fargo Securities, LLC at (800) 645-3751.

Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.