FILE PHOTO: The logo of Apple company is seen outside an Apple store in Paris, France, April 10, 2019. REUTERS/Christian Hartmann
- Apple Inc is looking to raise $7 billion through a sale of bonds set to price later on Wednesday, IFR reported, the company’s first such issue since November 2017.from earlier in the day showed the company would offer notes maturing over the next three to 30 years and would use the proceeds for share repurchases, dividend payment, capital expenditures, acquisitions and repayment of debt.
Bank of America Merrill Lynch, Deutsche Bank and Goldman Sachs are acting as bookrunners on the senior unsecured deal.Our Standards:
How much of that will they donate to the Bahamas? Just wondering......
They are trying to protect themselve from the damage Trump is causing in his trade war. smart move.
gotta keep that stock propped up....esp with 0% interest loans...buyback should be illegal...