IBM $5 billion notes issue

Overview:

• IBM (International Business Machines Corporation) issued $5 billion of notes.
• The offer included $900 million  floating-rate notes due 2017, $1.2 billion 1.8% notes due 2019, $900 million 2.25% notes due 2021, $1.35 billion 3.45% notes due 2026 and $650 million 4.7% notes due 2046.
• Barclays Capital, BNP Paribas Securities, Citigroup Global Markets and JP Morgan Securities acted as underwriters.

Rani Mehta - Journalist