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Apple to hold $14 billion bond sale to take advantage of cheap borrowing costs

Apple plans to sell $14 billion worth of bonds, taking advantage of cheap borrowing costs to fund corporate operations like share buybacks.

Credit: SECCredit: SEC

The company plans to issue debt in six parts, with the longest offering being a 40-year security that will yield 95 basis points above Treasuries, Bloomberg reported on Monday. The preliminary filings for the bond sale also surfaced early Monday morning.

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