Salesforce Announces Pricing of Aggregate $8 Billion Senior Notes Offering

SAN FRANCISCO–(BUSINESS WIRE)–Salesforce (NYSE: CRM), the global leader in CRM, today announced the pricing of an underwritten public offering of $8 billion of senior notes, comprised of $1.0 billion of its senior notes due 2024 (the “2024 notes”), $1.0 billion of its senior notes due 2028 (the “sustainability notes”), $1.5 billion of its senior notes due 2031 (the “2031 notes”), $1.25 billion of its senior notes due 2041 (the “2041 notes”), $2.0 billion of its senior notes due 2051 (the “2051 notes”) and $1.25 billion of its senior notes due 2061 (the “2061 notes”, and together with the 2024 notes, sustainability notes, 2031 notes, 2041 notes and 2051 notes, the “notes”). The offering is expected to close July 12, 2021, subject to customary closing conditions.

The 2024 notes will bear interest at a rate of 0.625 percent and will mature on July 15, 2024, the sustainability notes will bear interest at a rate of 1.500 percent and will…

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