Microsoft seeks to raise US$25 billion by selling bonds in the US to finance AI
According to Reuters, it would be the company's first investment grade issue in more than nine years, with resources allocated to artificial intelligence.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM INFOMONEY · 2 MIN
Microsoft plans to raise around US$25 billion by selling bonds in the United States market, according to Reuters. According to the agency, the money will be allocated to investments in artificial intelligence. If the transaction is confirmed, it will be the company's first investment grade issue in more than nine years.
The information came from a person familiar with the matter, who spoke to Reuters on Thursday (29/10). The news was initially reported by Bloomberg News. Investing.com states that the company hopes to raise the same US$25 billion from the sale of bonds, but does not identify the source.
Microsoft would be the latest big tech to turn to the debt market to finance AI. According to Reuters, in the last year large technology companies have used both the sale of securities and equity capital to finance these projects. The company's share in the market is traded under the ticker MSFT.
The movement shows how the race for AI infrastructure is migrating from companies' cash to the credit market. The central question is whether the return on these investments will justify the cost of the debt assumed. For those who defend fiscal responsibility, this is the point at which the market must demand discipline from companies, including the most solid ones.
The available data does not include deadlines, fees or the final format of the issuance, which limits the reading of the real cost of the operation.
What changes for the investor
If the funding is confirmed, the investor will have another signal to monitor the relationship between AI spending and debt. An issuance of this size increases the supply of investment-grade corporate bonds, which could influence the credit market's appetite. The alternative of using equity capital can dilute the participation of those who are already shareholders. For now, the case requires monitoring of issuance numbers, without conclusions about prices.
Automatically translated from Portuguese.
