Moody's assigns Microsoft notes Aaa

Moody's Investors Service said it assigned an Aaa rating to Microsoft Corp.'s new senior unsecured notes in 30- and 40-year tranches.

Microsoft will not receive any cash proceeds from the new notes, which will be used in the exchange offers, whereby existing notes that are surrendered in exchange for the new notes will be retired and canceled and cannot be reissued.

The outlook is unchanged at stable.

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