Apple returns to the bond market after more than a year, plans to issue seven-part USD bonds
Odaily reports: Apple has announced its return to the investment-grade bond market to raise funds after more than a year, further joining the recent wave of concentrated bond issuance by major U.S. technology companies.
According to people familiar with the matter, the iPhone maker is issuing bonds in seven parts, with maturities ranging from 2 to 10 years. The person added that the initial price guidance spread for the longest-maturity bonds is 0.8 percentage points above U.S. Treasuries. Bank of America, Deutsche Bank, Goldman Sachs Group, and JPMorgan are managing the transaction. The proceeds from this bond issuance will be used for general corporate purposes, including share buybacks, dividend payments, and capital expenditures.
Apple last issued bonds in May 2025, when it raised $4.5 billion through a four-part bond offering.
