New York: Apple Inc has announced a six-part US dollar bond sale ahead of expected pricing on Monday.


COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The tech giant, rated Aa1/AA+, is offering investors fixed-rate tranches with two, three, five, seven, 10 and 30-year tranches. 


Proceeds are slated for general corporate purposes, including stock buybacks and dividend payments. 


Bookrunners are Bank of America Merrill Lynch, JP Morgan and Goldman Sachs.