International Business Machines Corp. raised gross proceeds of $896.3 million from an offering of 2.875% senior unsecured notes due Nov. 9, 2022.

The company plans to use the proceeds for general corporate purposes or working capital.

Goldman Sachs & Co. LLC, RBC Capital Markets LLC, Santander Investment Securities Inc. and U.S. Bancorp Investments Inc. were the lead underwriters.

ING Financial Markets LLC and SMBC Nikko Securities America Inc. also served as underwriters for the offering.