Apple Inc. said to plan multi-billion-dollar bond sale for capital return to shareholders – FINANCIAL NEWS-ecozik.com
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Apple Inc. said to plan multi-billion-dollar bond sale for capital return to shareholders

The last time Apple Inc. issued bonds was in May 2015.

Apple Inc. is planning to sell bonds to come back capital to shareholders because it taps the marketplace for its fifth multi-billion dollar offering since 2013.

The iPhone maker will sell the securities in as much as 10 parts, using the longest-dated bonds maturing in 3 decades, based on you aren’t understanding of the problem. Proceeds will also back general corporate purposes, including repayment of debt and acquisitions, said the individual, who asked to not be identified because of a insufficient authorization to speak publicly.

“The offering looks attractive,” according to Donald Ellenberger,?who oversees about US10 billion as head of multi-sector strategies at Federated Investors in Pittsburgh.

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