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Stock impact report

Salesforce Plans to Raise Up to $25 Billion to Fund Buybacks [Yahoo! Finance]

Salesforce, Inc. (CRM) 
Last salesforce, inc. earnings: 2/25 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
(Bloomberg) -- Salesforce Inc. is planning to sell as much as $25 billion of debt to fund a share buyback, according to people with knowledge of the matter, in what would be the software firm's biggest-ever note sale. The company is targeting a US bond offering of at least $20 billion, said the people, who asked not to be identified because details are private. They added the notes could be sold as soon as this week, but the timing could change. Most Read from Bloomberg Trump Signals Possible End to War, Floats Removing Oil Sanctions Greek Oil Tanker Exits Strait of Hormuz With Its Signal Off US Planes Fly Out of Korea as Asset Redeployment Reports Grow Market Cracks Widen as War, AI and Credit Fears Collide at Once Timely Gold Bet Yields 1,994% Return for Billionaire Family Salesforce mandated JPMorgan Chase & Co., Bank of America Corp., Barclays Plc, Citigroup Inc. and Wells Fargo & Co. to arrange fixed-income investor calls for Tuesday. The software firm — which Show less Read more
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