Microsoft Proposes To Repay €1.75B Debt

July 9, 2021 6:51 AM | 27 seconds read

Microsoft Corp MSFT will redeem its outstanding 2.125% notes due Dec. 6, worth €1.75 billion.
The company will repay the debt on Sept. 6 for equal to 100% of the principal amount plus accrued and unpaid interest.
Microsoft held $50 billion in long-term debt and $125.40 billion in cash and equivalents as of Mar. 31, 2021.
Price action: MSFT shares traded lower by 0.30% at $276.60 in the premarket session on the last check Friday.

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