Microsoft is raising 550 million euros ($719 million) from 20-year notes, according to a person familiar with the transaction. French luxury goods maker LVMH is selling its first euro bonds in two years, while Nestle, the world’s biggest food company, is marketing its first securities in the currency since October.
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Microsoft Debuts Euro Bond
LVMH, Nestle also issue euro-denominated bonds to take advantage of record-low rates
Microsoft Corp., the world’s largest software maker, is selling bonds in euros for the first time, joining LVMH Moet Hennessy Louis Vuitton SA and Nestle SA in taking advantage of record-low borrowing costs.