Salesforce announced the completion of a registered public offering of $25.0 billion in aggregate principal amount of senior notes. The offering consists of eight tranches with varying interest rates and maturity dates. Net proceeds from the sale were used to repurchase shares of the company's common stock under accelerated share repurchase (ASR) agreements.
Key Details
- Offering Size: A total of $25.0 billion was raised through the issuance of eight series of senior notes, completed on March 13, 2026.
- Use of Proceeds: Net proceeds from the offering were used to fund accelerated share repurchase (ASR) agreements for the company's common stock.
- Note Tranches: The senior notes have maturities ranging from 2028 to 2066, with fixed annual interest rates from 4.500% to 6.700%.
- Debt Status: The notes represent unsecured and unsubordinated debt obligations of Salesforce, ranking equally with its other unsecured and unsubordinated debt.