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"On Monday morning Apple disclosed in a filing with the SEC that it's preparing to sell $5 billion in new debt to cover "general corporate purposes." The debt is expected to cover stock repurchases and dividend payments, among other things.* Apple's offering, which may price on Monday, is expected to be issued in some combination of floating-rate five-year notes and fixed-rate notes with durations ranging from 7 to 30 years.*"
"On Monday morning Apple disclosed in a filing with the SEC that it's preparing to sell $5 billion in new debt to cover "general corporate purposes." The debt is expected to cover stock repurchases and dividend payments, among other things.* Apple's offering, which may price on Monday, is expected to be issued in some combination of floating-rate five-year notes and fixed-rate notes with durations ranging from 7 to 30 years.*"
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