Microsoft launches US$13bn bond as high-grade hits record

October 29, 2015 6:13 PM

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NEW YORK, Oct 29 (IFR) - Software giant Microsoft launched a US$13bn seven-part bond on Thursday, one of the biggest deals of the year, as US high-grade bond issuance set a new annual record.

The jumbo trade helped push the US high-grade market beyond last year's US$1.1trn tally, according to IFR data, with more than two months still to go.

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