debt

Apple to Sell $5 Billion of Debt to Fund Stock Buybacks and Dividends

Apple is initiating another bond sale, which is reportedly worth $5 billion, as part of efforts to return $300 billion to shareholders by March 2019. According to Bloomberg, the sale is being issued in four parts. The first part is a 30-year security, which may yield 1.1 percent points above Treasuries, rather than the 1.25 initially expected. In...