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Apple looks to issue debt for the first time since 2023

  • Apple is planning to issue debt through investment-grade bonds, marking its first corporate bond sale in two years.
  • The tech giant intends to issue debt in multiple parts, with initial pricing discussions indicating a 10-year note at around 0.7 percentage point above Treasuries.
  • The bond sale by Apple is anticipated to be part of a broader wave of issuance totaling $35 billion to $40 billion expected this week, largely led by industrial and technology firms.
  • Barclays Plc, Bank of America Corp., Goldman Sachs Group Inc., and JPMorgan Chase & Co. are overseeing Apple's bond sale, scheduled for Monday.

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