Short Take: IBM to issue 100-year debt offering

IBM is expected to issue a 100-year debt offering via lead underwriter Salomon Brothers, according to a Reuters report. The size of the IBM deal is expected to total between $500 and $600 million.

Paul Festa Staff Writer, CNET News.com

Paul Festa

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Paul Festa

Dec. 3, 1996 2:00 p.m. PT

is expected to issue a 100-year debt offering via lead underwriter Salomon Brothers, according to a Reuters report. The size of the IBM deal is expected to total between $500 and $600 million.