Apple prices offer first bonds in 2 years

By Shankar Ramakrishnan and Matt Tracy

(Reuters) -Apple Sold $ 4.5 billion worth of $ 4.5 billion in two years, and it has plans to use the income to return shares and undoed debt.

The proposal included $ 1.5 billion and five, seven and 10-year notes of five, seven and 10 years in the proposal. Apple has 8 billion debt from November.

In the initial market in the initial market, eight other issuers were expelled for an unusual active week of about $ 35 billion of about $ 35 billion. These include notes from Comcast, DTE Electric Co. and General Motors.

The new bond supply loan distribution or credit companies pay back on the treasures, because US President Donald Trump first announced harsh tariffs and then gave a temporary relief.

Many issuers had planned offers sooner, but were thrown with uncertainty of Trump’s policy. Federal Reserve, in general, after such monthly police styles, they go to the market before the federal reserve began to prevent variables following the descriptions of the department.

Because there is uncertainty, investors are expected to be strong because they want security in higher rated bonds.

Apple’s debt sales, related to the quantity wanted, a source that is familiar with the issue was $ 10 billion.

Giving cane, consistently in consecutive-week speeches, from the longest lane of investment funds, from the longest lane of 2022, BMO Capital Markets from the KRIETER from KRIETER.

“This is a very attractive place to lock everything,” he said.

“Today, many of the many high quality names (and) many of many (and) are planned regularly. Probably there are several deals since April,” Trevithic said.

Apple has probably providing a bond sale to take advantage of the hardening of the tariffs in various countries in the end of the last month, to take advantage of the hardening of investment bonds.

The average investment-grade bond spread shows 106 key points, the latest data, or three main points in the 3rd level one day before.

“Apple tends to be pretty good to take time on time on time around tight (spreads) on time,” he said.

Paydden & Rygel waits for $ 12 billion billion in the demand for about $ 58 billion on Monday.

(Notification by Shankar Ramakrishnan and Matt Tracy; Adjustment by David Gregorio and Richard Chang)