Apple Sells Bonds
NPR
Wednesday, May 1, 2013
Update RequiredTo play audio, update browser or
Flash plugin.
Copyright 2024 NPR. To see more, visit https://www.npr.org.
On Tuesday, Apple sold $17 billion worth of bonds which is a new industry record. Apple issued the bonds to take advantage of low interest rates as it prepares to make a payout of $100 billion to shareholders by 2015.
Transcript
RENEE MONTAGNE, HOST:
NPR's business news starts with a scramble for Apple bonds.
(SOUNDBITE OF MUSIC)
MONTAGNE: Apple, yesterday, sold $17 billion worth of bonds - which is a new industry record. Apple issued the bonds to take advantage of low interest rates as it prepares to make a payout of $100 billion to shareholders by 2015. Transcript provided by NPR, Copyright NPR.
View this story on npr.org
Follow us for more stories like this
CapRadio provides a trusted source of news because of you. As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.
Donate Today