Apple is getting for a bond sale of $17 billion

Want create site? Find Free WordPress Themes and plugins.

bond sale

Apple wants to get out of the debt market and sell the bonds at $17 billion . The company decided to take the opportunity to borrow at low rates. Accommodation debt is already being called the second largest in history.

Bond issue is needed , or rather desirable to provide funding for share buyback program . Apple wants to increase the buyback program from $60 billion to $90 billion , and fully cover these costs through the cache would be unwise. Currently the corporation has accumulated $150 billion of available funds , but $130 billion or 88% of them are held abroad, and if suddenly return to their homeland , U.S. treasury enriched : the tax will be 35%.

Therefore, the management company from Cupertino immediately announced that it would be not only to buy up shares , but also to sell debt. Credit rating of AA, assigned by Apple, lets take so profitable that even a partial refund cache looks ridiculous on such a background . Company’s bonds will be placed in both the U.S. and abroad . Experts say that the international bond auctions are aimed primarily at investors from the euro zone , where interest rates are even lower than in America.

It is interesting that Apple once again expands the list of investors , exactly the same as it should happen within a split : Recall that instead shares at $525 each to the shareholders already June 2 will distribute new – cheap paper for $75 (if it quotes until the summer will not change ) . But they will be much easier to sell , and Apple shareholder base should increase substantially . In fact, Tim Cook wants to make your business even more popular in the exchange environment , providing access to a greater number of shares of the players.

Experts say Vestifinance, the company from Cupertino confident maneuvering on the financial market . Stock split within the split will allow to enter the Dow Jones. Dividend increase and expansion of the program to repurchase shares of support . Selling debt without having to face the return of the cache from overseas banks and attract the ownership of securities of large foreign investors.

Meanwhile , Apple is preparing to release iPhone 6 , iWatch and other devices capable of supporting the growth of sales . Report for the last quarter was also better than expected. Finally, in the last 18 months Apple bought 24 companies and is not going to leave the market M & A. Perhaps the most innovative company of the American giant will not be called , but in the ability of business to earn tens of billions of both the retail and the financial market , no one doubts .

Did you find apk for android? You can find new Free Android Games and apps.

Follow us on Twitter, subscribe to our Facebook Page, find us on LinkedIn, circle us on Google+