Apple has issued 2.8 billion euros ($3 billion) and 1.25 billion Swiss francs ($1.31 billion) in bonds since last year, and will reportedly benefit from an interest rate on bonds in Japan about 1 percentage point lower than in the United States. It was also reported in February that Apple was planning to raise $6.5 billion in a corporate debt sale. The funds are used for corporate purposes such as repurchasing of common stock and payment of dividends through Apple's capital return program."Early this month, Apple started gauging potential demand for the yen-denominated bonds among regional banks, life insurers and other institutional investors," claims the Nikkei Asian Review. "The bonds will target Japanese investors but will likely be sold to overseas investors as well."
Article Link: Apple Considering $1.6 Billion Bond Sale in Japan