sold Apple companyYesterday, Monday, it issued high-quality bonds worth $5.5 billion in four tranches, in order to be able to move forward with the program to repurchase its shares and pay cash dividends, especially since the current conditions have become favorable with a noticeable decline in bond yields during the last period.
The longest-dated tranche was for 40 years, with a yield of 118 basis points over US Treasuries, which is lower than the initial consultations on prices, which were around 150 basis points, according to Bloomberg sources.
The order was valued at more than $23 billion, and Goldman Sachs, JPMorgan Chase and Bank of America managed the sale.
Apple has $180 billion in cash and cash equivalent assets.
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