Microsoft launches $3.75 bln 3-part sale - IFR
NEW YORK, May 11 (Reuters) - Microsoft Corp (MSFT.O: Quote, Profile, Research) on Monday launched a $3.75 billion three-part debt sale, with pricing expected later on Monday, said IFR, a Thomson Reuters service.
The sale includes $2 billion in five year notes expected to yield 95 basis points over U.S. Treasuries.
It also includes $1 billion in 10-year notes and $750 million in 30-year bonds, both expected to yield 105 basis points over U.S. Treasuries. (Reporting by Caryn Trokie)
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GLOBAL RECOVERY
Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article






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