Bloomberg News

IBM Said to Sell 10-Year Bonds at Record Low 1.875% Coupon

July 25, 2012

International Business Machines Corp. sold $1 billion of 10-year bonds at 1.875 percent, the lowest coupon on record for dollar-denominated debt of that maturity, according to a person familiar with the offering who asked not to be identified because the terms aren’t yet public.

To contact the reporter on this story: Sarika Gangar in New York at sgangar@bloomberg.net

To contact the editor responsible for this story: John Parry at jparry5@bloomberg.net


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