“The five-part sale, across fixed and floating rate notes, was roughly three times over subscribed at $21bn, according to two people familiar with the deal,” Platt reports. “Maturities ranged from three to 30 years.””
“The Cupertino, California-based company has become a staple of US capital markets as it seeks to fund its dividend and share buyback programme,” Platt reports. “Since 2013 Apple has raised more than $74bn through debt markets, according data provider Dealogic.”
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MacDailyNews Take: More free money!