Citing an unnamed “person with knowledge of Apple’s plans, The Wall Street Journal says Apple is looking to issue bonds that will raise between $3 billion and $4 billion in debt in the Asia Pacific region.
The goal is to raise fresh funds for dividend payments and share buybacks, the article adds. It was reported on Wednesday that Apple is looking to issue its first bond sale in Taiwan, along with a new bond in Australia. Initial reports suggested Apple was looking to raise about $1 billion in each country.
However, the total sum could actually double that “depending on the demand,” according to the WSJ. The article says Apple could also issue bonds in Japan and Singapore.
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