secwatch.observer — SEC 8-K summary
======================================

Issuer:     MICROSOFT CORP (MSFT)
CIK:        0000789019
Form:       8-K
Filed at:   2023-10-30T23:59:59+00:00
Accession:  0001193125-23-265616
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Microsoft reports ~88-98% of Activision Blizzard notes tendered in exchange offer
--------------------------------------------------------------------------------

- Up to $3.65B in new Microsoft notes offered to exchange any and all Activision Blizzard notes.
- Early tender results: 89.7% for 2026 notes, 88.3% for 2027, 88.6% for 2030, 97.8% for 2047, 96% for 2050.
- Activision Blizzard received requisite consents to amend indentures; early settlement expected Nov 6, 2023.
- Exchange offers and consent solicitations expire Nov 14, 2023; holders after early tender get lower consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789019/000119312523265616/0001193125-23-265616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789019/000119312523265616/d572684d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-265616

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer