---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-271376"
form_type: "8-K"
ticker: "MSFT"
cik: "0000789019"
company_name: "MICROSOFT CORP"
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T21:39:54.094464+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Microsoft issues $3.39B in new notes to exchange Activision Blizzard debt; $258M remains outstanding

## Summary
- Early settlement of exchange offers completed Nov 6, 2023; Microsoft issued five series of new notes totaling $3.389B.
- Tendered Activision Blizzard notes: 3.400% 2026, 3.400% 2027, 1.350% 2030, 4.500% 2047, 2.500% 2050.
- Remaining outstanding Activision Blizzard notes aggregate $257.9M across all five series.
- Supplemental indentures executed to eliminate certain covenants and events of default; registration rights agreement signed.
- New Microsoft notes are senior unsecured obligations, ranking equally with other unsubordinated debt.

## SEC filing metadata
- accession: 0001193125-23-271376
- form_type: 8-K
- ticker: MSFT
- cik: 0000789019
- company_name: MICROSOFT CORP
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789019/000119312523271376/0001193125-23-271376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789019/000119312523271376/d566386d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-271376
- JSON: https://secwatch.observer/filing/0001193125-23-271376.json
- Plain text: https://secwatch.observer/filing/0001193125-23-271376.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.