Apple (AAPL) Debt Offering Book Said to Reach ~$15.5B
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Price: $348.91 +1.48%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
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Apple's (Nasdaq: AAPL) debt offering book said to reach about $15.5 billion, according to Bloomberg.
Apple plans to offer two- and five-yea Floating Rate Notes (FRNs), as well as five tranches with maturities ranging from 2017 to 2045.
Notably, Apple has tapped the bond market around this time over the past two years, making the company's recent offering slightly less of a surprise.
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