Apple sells
$7 billion in bonds
$7 billion in bonds
Apple Inc., looking to fund stock buybacks and dividends, sold $7 billion of bonds even as proposed new tax laws may leave it awash in cash it previously couldnt use. The iPhone maker on Monday sold notes in six parts. Apple has been the second-most-active US nonfinancial issuer of debt this year, behind AT&T Inc., data compiled by Bloomberg show. Kristin Huguet, a spokesw…
Read the full article at: https://www.bostonglobe.com/business/2017/11/06/apple-said-sell-debt-help-fund-billion-capital-return/EkgWTqCDPDFrRUTKNGn8cP/story.html
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