Apple Seeks Up to $7 Billion in Seven-Part Corporate Bond Offering

Apple Inc. is marketing a seven-part U.S. dollar bond sale seeking to raise approximately $7 billion for general corporate purposes, including share buybacks, dividends, and debt refinancing. The transaction comprises two floating-rate tranches due in 2028 and 2029, alongside five fixed-rate tranches maturing between 2028 and 2036. Initial price guidance for fixed-rate notes spans from 45 basis points over benchmark Treasuries for two-year debt to 80 basis points for ten-year notes. Apple shares rose 1.2% in early trading following the announcement.