Tuesday, April 30, 2013

Forbes - Media & Entertainment: Debt-averse Apple sets 6-part bond deal to establish funding yield curve

Forbes - Media & Entertainment
Forbes - Media & Entertainment
thumbnail Debt-averse Apple sets 6-part bond deal to establish funding yield curve
Apr 30th 2013, 14:17

Apple today filed to offer an SEC-registered, six-part benchmark transaction intended to establish a bona fide yield curve for the high-profile, but historically debt-averse borrower, as it embarks on an aggressive shareholder-return plan. The total bond-offering size has yet to be determined, but speculation over the last week has leaned toward an historic debut amount.

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