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Apple sells $14 billion in bonds to take advantage of cheap borrowing

Apple has sold $14 billion in bonds in order to tap into current cheap borrowing costs, Bloomberg reports. This money will reportedly be used for buying back stock and paying dividends, as well as giving Apple more working capital. The report notes that Apple is: “tapping the market for a third time since May as […]

(via Cult of Mac – Tech and culture through an Apple lens)

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