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Apple's $7B bond debut
Apple plans to raise about $7 billion in its first investment-grade bond offering in more than a year, to fund share buybacks, dividends and capital expenditures. The planned offering is divided into seven tranches, with maturities ranging from two to 10 years; its final size will depend on investor demand. The move follows debt offerings by Microsoft, Oracle and Meta that raised about $50 billion, amid expectations that Apple will be able to borrow at a lower cost thanks to its high credit rating.
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