Apple to Sell $5.5 Billion of Bonds to Fund Buybacks, Dividends

(Bloomberg) — Apple Inc. is tapping the high-grade bond market with $5.5 billion sale in four parts. Most Read from BloombergChina’s Rebound Remains Fragile as Factories, Property SlumpManchin Spending Deal Includes Billions in Oil Import TaxesPelosi Is Expected to Visit Taiwan, Ramping Up US-China TensionsAre We Ready to Start Saying the R-Word?The longest portion of the offering, a 40-year security, will yield 118 basis points over US Treasuries, according to a person familiar with the matter
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