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Apple issues $14B worth of bonds to fund buybacks, corporate initiatives

Apple on Monday officially issued $14 billion worth of bonds, tapping the market to fund corporate operations like share buybacks and dividends to shareholders.Credit: SECNews of Apple’s plan to sell bonds first surfaced at the beginning of February. On Feb. 8, the company made the issuance official, announcing that it would issue debt in five parts. Read more…
Source: Apple Insider News and Secrets on New Apple Products

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