Salesforce eyes $25 billion debt sale to fund buyback: Report

Cloud software provider Salesforce is preparing to raise as much as $25 billion in a debt offering to help fund a major share buyback, ‌Bloomberg News reported ⁠on ⁠Tuesday, citing people with knowledge of the matter.

The company is targeting a US bond offering of at least $20 billion, the report said. The ⁠notes could ‌be sold as soon as this week, but ⁠the timing could change, Bloomberg said.