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General

Apple sells USD 3.5 bln worth of bonds

Friday 18 March 2016 | 09:00 CET | News
Apple has sold USD 3.5 billion worth of bonds one month after issuing USD 12 billion of debt and taking advantage of low interest rates, Bloomberg reported, citing a regulatory filing. The company issued the securities by reopening three notes it sold in February. Proceeds will be used for working capital, acquisitions and debt repayments.

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Categories: General
Companies: Apple
Countries: World
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