Apple sells US$10bil of bonds in second debt deal since July


NEW YORK: Apple Inc sold US$10bil of notes in its first trip to the bond market in six months, becoming the second cash-rich technology company to sell debt this week despite prospects of a US repatriation-tax holiday.

The iPhone maker sold debt in nine parts. The longest portion was a US$1bil 4.25% coupon 30-year bond, according to data compiled by Bloomberg.

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