Apple’s first bond offering in two years headlines busy primary

From Yahoo Finance: 2025-05-05 11:22:00

Apple announced a four-tranche bond offering aimed at raising $5-6 billion for various purposes, including stock buybacks and debt repayment. Analysts predict the offering will help Apple cover upcoming debt maturities totaling $8 billion. The bond issuance is part of a larger trend, with nearly $35 billion expected in investment-grade bonds this week.

The increase in bond supply follows a rebound in credit spreads after President Trump’s tariff announcements. The average investment-grade bond spread was at 106 basis points, three basis points lower than previously. This surge in new bond offerings is a response to market conditions and provides companies like Apple with opportunities for financial restructuring and growth.



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