Microsoft Reportedly Mulling Debt Sale to Fund Dividends, Buybacks
Microsoft stock took a nice little hop toward the end of the trading day on an anonymously sourced Bloomberg report that the company may issue debt and put the proceeds toward dividends and share repurchases, perhaps as soon as the end of this year. No figures were mentioned, but one analyst told Bloomberg that Microsoft could raise at least $5 billion without putting a dent in its credit rating.