Apple Inc announces six-part US dollar bond sale
Proceeds are slated for general corporate purposes, including stock buybacks and dividend payments.
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New York: Apple Inc has announced a six-part US dollar bond sale ahead of expected pricing on Monday.
The tech giant, rated Aa1/AA+, is offering investors fixed-rate tranches with two, three, five, seven, 10 and 30-year tranches.
Proceeds are slated for general corporate purposes, including stock buybacks and dividend payments.
Bookrunners are Bank of America Merrill Lynch, JP Morgan and Goldman Sachs.
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