Finance1 min read

Apple seeks about $7 billion from bond sale, Bloomberg News reports

By · Published by Everything Blog

In short

The proposed seven-part debt issuance features two floating-rate notes alongside five fixed-rate tranches maturing between 2028 and 2036. Proceeds are intended to support general corporate activities, including paying down maturing obligations and funding share buybacks. Goldman Sachs, Bank of America Securities, Deutsche Bank Securities, and JPMorgan are managing the transaction. The move comes after the company successfully raised $4.5 billion across four parts in May 2025.

Key points

  • Apple is raising capital to support its ongoing expansion into artificial intelligence ca…: Apple is raising capital to support its ongoing expansion into artificial intelligence capabilities.
  • The company intends to allocate the generated capital toward share repurchases and existi…: The company intends to allocate the generated capital toward share repurchases and existing debt payments.
  • The ultimate value of the transaction remains flexible based on prevailing demand from bo…: The ultimate value of the transaction remains flexible based on prevailing demand from bond investors.

Sources checked by our analysis pipeline: 1

The iPhone maker is the latest major tech company to tap debt markets as the sector raises large sums to fund AI expansion.

Apple did not immediately respond to a Reuters request for comment. Reuters could not independently verify the report.

Here are more details:

No final decision has been made on the size of the sale, which may still change depending on investor demand, the report said

The initial price guidance for the longest-dated tranche is 80 basis points over US Treasuries, Bloomberg News reported

Goldman Sachs, Bank of America Securities, Deutsche Bank Securities and JPMorgan are joint book-running managers for the offering, a regulatory filing showed

Goldman declined to comment on the size of the offering, while the others did not immediately respond to Reuters requests for comment

Apple's seven-part offering includes two floating-rate notes due in 2028 and 2029, and five fixed-rate notes due between 2028 and 2036, according to the filing

The company plans to use the money for general business purposes, including share buybacks and repaying outstanding debt, the filing said

Apple last raised money…

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