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There Are Recent Examples of Corporations Issuing 100-Year Bonds

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There are recent examples of corporations issuing 100-year bonds. Why would a corporation issue such long-term bonds when the interest rate risk is greater for long-term bonds?
How does interest rate risk affect the issuer?


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Movable Thing

An item of personal property that can be physically relocated from one place to another, as opposed to immovable or real property.

Firearm

A portable weapon that launches one or more projectiles driven by rapidly expanding high-pressure gas produced by combustion.

Restatement of Contracts

A comprehensive summary that clarifies, organizes, and illustrates the principles of contractual law.

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An entity operating independently of direct government control, typically established for private, non-commercial purposes.

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