Here Come the Corporate Debt Issuers (BUD; MSFT; USB)

Microsoft ( a Redmond Washington based software company)* plans to issue up to $ Six billion worth of 5, 10 and 30 year paper.
From Reuters:

* Debt sale could be worth $6 billion - dealer

* Microsoft looking to fund working capital, buy shares

* (Recasts, adds share price)

NEW YORK, May 11 (Reuters) - Microsoft Corp (MSFT: Quote) said on Monday it will sell a multi-billion dollar, three-part debt issue, becoming the latest in a line of companies looking to take advantage of good borrowing conditions.

The world's largest software maker does not need financing, according to a spokesman for the company, but will use the proceeds for general corporate purposes including working capital and buying back stock....MORE

Here's MSFT's offering document.

Here's Reuters Forward Calendar - U.S. corporate bond new issues

*I swiped the parenthetical from Across the Curve; I thought it was pretty funny.
He also mentioned the Simon Properties, U.S. Bancorp and Anheuser Busch offerings.