Apple Completes Its Second Blockbuster Bond Sale In a Year – AAPL
April 30, 2014 at 13:09 PM EDT
Apple’s second major bond sale, designed to fund its expansion of share buybacks from $60 billion to $90 billion, was more than three times over-subscribed, reports The Wall Street Journal. “Cupertino, Calif.-based Apple sold $12 billion of debt of varying maturities at interest rates that were mostly less than a percentage point above comparable U.S. […] View the full post at: Apple Completes Its Second Blockbuster Bond Sale In a Year – AAPL Related posts: California Hikes Yield in Bond Sale to Lure Investors 30-Year Bond Auction Sees Solid Demand Treasury’s $32B 7-Year Auction Closes at 3.345% Yield