Short Take: IBM may issue debt

IBM is rumored to be soliciting bids for a $400 million competitive debt offering, according to a Reuters report. Syndicate sources said the A1/A rated deal is expected to consist of a one-year note.

Paul Festa Staff Writer, CNET News.com

Paul Festa

covers browser development and Web standards.

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Paul Festa

Jan. 23, 1997 3:15 p.m. PT

is rumored to be soliciting bids for a $400 million competitive debt offering, according to a Reuters report. Syndicate sources said the A1/A rated deal is expected to consist of a one-year note.