The company filed SEC paperwork and has spoken with Deutsche Bank and Goldman Sachs.
Because of Apple's brand, it is expected that the company could offer the bonds at rates even cheaper than that of the AAA rated Microsoft, and others. Apple was recently given the second best credit rating, AA+. Apple has $145 billion in cash, but only $45 billion is liquid and available in the U.S. Bringing the funds home would cost the company a mini fortune in taxes.
Investment bankers believe Apple can offer 10 year bonds with an interest rate of 2.2%, 50 basis points higher than Government Treasuries.
Written by: Andre Yoskowitz @ 29 Apr 2013 23:22