Tuesday, April 30, 2013

Reuters: Technology News: Apple bond order book tops $50 billion: market sources

Reuters: Technology News
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Apple bond order book tops $50 billion: market sources
Apr 30th 2013, 16:38

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A worker climbs outside an Apple store in Hong Kong April 10, 2013. REUTERS/Bobby Yip

A worker climbs outside an Apple store in Hong Kong April 10, 2013.

Credit: Reuters/Bobby Yip

Tue Apr 30, 2013 12:04pm EDT

NEW YORK, April 30 (IFR) - Apple Inc has attracted more than $50 billion in orders for its six-part debt sale expected to price later on Tuesday, according to two market sources.

Apple is issuing three-year and five-year fixed and floating-rate notes, as well as 10-year and 30-year fixed-rate notes via Deutsche Bank and Goldman Sachs.

The company is expected to issue at least $15 billion in debt.

(Reporting By IFR reporters; Writing by Ciara Linnane)

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