Last week when it reported earnings, Apple said it would borrow money for dividends and stock buybacks.
Now it’s fleshing out the details.
In a prospectus just filed with the SEC, the company reveals that it will borrow money for 3, 5, 10, and 30-year durations.
The other news from the prospectus is that Goldman Sachs and Deutsche Bank are the underwriters of the offering.
As you can see, amounts and yields are not filled in yet.
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