Apple plans a roughly $7 billion seven-part bond offering
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Apple (NASDAQ:AAPL) is returning to the debt market with a seven-part bond offering, joining a growing list of technology giants tapping investors for fresh capital. The company is offering floating-rate notes due in 2028 and 2029, along…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA large bond sale by a mega-cap can affect the corporate bond market, though it says little about Apple's cash needs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Apple will issue floating-rate notes due 2028 and 2029.
- 02Fixed-rate notes are planned with maturities in 2028, 2029, 2031, 2033 and 2036.
- 03Bloomberg reports about $7 billion, an amount Reuters said it could not independently verify.
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