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rubber duck

04/30/13 1:31 PM

#98593 RE: OADaughter #98592

It looks like Apple was going to float at least 10 billion but investors lined up to buy more than 40 billion. Haha, it's all good in AAPL land.
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$hylo

04/30/13 2:13 PM

#98596 RE: OADaughter #98592

Apple launches biggest-ever non-bank bond deal at $17 bln.
http://www.reuters.com/article/2013/04/30/idUSL2N0DH2DF20130430?feedType=RSS&feedName=marketsNews&rpc=43

NEW YORK, April 30 (IFR) - Apple Inc on Tuesday launched the biggest-ever non-bank bond issue at $17 billion, as it gears up to fund a $100 billion capital program for shareholders.

The company is offering $1 billion of three-year floating-rate notes, $1.5 billion of three-year fixed-rate notes, $2 billion of five-year floating-rate notes, $4 billion of five-year fixed-rate notes, $5.5 billion of 10-year fixed-rate notes and $3 billion of 30-year fixed-rate notes, according to market sources.