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Apple plans to price offering of senior notes in six parts
By Marisa Wong
Los Angeles, Feb. 1 – Apple Inc. plans to price senior notes (AA+) in six tranches due 2026, 2028, 2031, 2041, 2051 and 2061, according to a 424B2 filing with the Securities and Exchange Commission.
Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are the joint bookrunners.
Proceeds will be used for general corporate purposes, including the repurchase of its common stock and the payment of dividends, to fund working capital, capital expenditures, acquisitions and the repayment of debt.
Based in Cupertino, Calif., Apple designs, manufactures and markets mobile communication and media devices and personal computers.
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