Short Take: IBM files for $1 billion debt offering

As expected, IBM filed today for a $1 billion debt offering. The filing with the Securities and Exchange Commission said the debt offering will occur on or about August 4. The proceeds will be used for general corporate purposes.

July 31, 1997 3:45 p.m. PT

As expected, filed today for a $1 billion debt offering. The filing with the Securities and Exchange Commission said the debt offering will occur on or about August 4. The proceeds will be used for general corporate purposes.