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Salesforce plans to issue up to $25 billion in bonds for stock buybacks
Gate News Report, March 10 — According to sources familiar with the matter, customer relationship management (CRM) software company Salesforce is planning to issue up to $25 billion in bonds to fund a stock buyback, which would be the largest bond issuance in the company's history. The sources said the company plans to issue at least $20 billion in bonds in the U.S. market. As the details have not been publicly disclosed, the sources requested anonymity. The sources also mentioned that the bonds could be issued as early as this week, but the exact timing may still change.
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