Companies are leveraging demand for bonds to consolidate finances – CFO Dive
When Apple issued $ 5.5 billion in bonds in mid-August, it was just the last big company to take advantage of low interest rates to raise capital to buy back stocks and pay dividends. . Google, Amazon and other tech giants were also in the bond market last month for this reason.
Apple has issued four series of bonds, with the longest maturity, at 40 years, yielding 118 basis points against…
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