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Apple is borrowing $7B on bond market despite its huge cash reserves

[2019-09-05 11:40:34]

Apple is borrowing $7 billion through its first new bond sale in two years, despite still sitting on $200 billion in cash reserves and investment securities. The first of five bond notes is repayable in 2022, while the longest one isn’t due until 2049… The post Apple is borrowing $7B on bond market despite its huge cash reserves appeared first on 9to5Mac.

Apple is borrowing $7B on bond market despite its huge cash reserves


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