Saturday, December 9, 2023

Apple sells another $14 billion of bonds

On Monday Apple sold another US$14 billion of bonds to take advantage of cheap borrowing cost and tapping the market for the fourth time since May 2020 as it looks to return more cash to investors.

pple is issuing $2.5 billion worth of 0.7% bonds that mature in 2026, $2.75 billion worth of 1.65% bonds that mature in 2031, $1.5 billion worth of 2.375% bonds that mature in 2041, $3 billion worth of 2.65% bonds that mature in 2051, and $1.75 billion worth of 2.8% bonds that mature in 2061. Interest will be paid on the note semi-annually in February and August each year.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.