Apple (AAPL.US) returns to the bond market after two years to issue US$4.5 billion bonds

The Zhitong Finance App learned that Apple (AAPL.US) successfully issued bonds worth 4.5 billion US dollars on Monday. This is the first time in nearly two years that the tech giant has carried out bond financing.

According to regulatory documents, the iPhone maker plans to use the net capital raised for general corporate purposes, including share repurchases, dividend payments, working capital supplements, capital expenses, mergers and acquisitions, and debt repayment.

The current bond issue includes four types: $1.5 billion notes due in 2028 with 4% coupon interest, $1 billion notes due in 2030 with 4.2% coupon interest rate, $1 billion notes due in 2032 with 4.5% coupon interest rate, and $1 billion note maturing in 2035 with 4.75% coupon interest rate.

According to reports, Apple's current debt of 8 billion US dollars will be matured one after another between May and November this year.

According to people familiar with the matter, this bond issue was warmly sought after by the market. The total number of subscription orders reached 10 billion US dollars, far exceeding the scale of issuance.

The report added that Apple may choose to issue bonds at this time to seize a favorable opportunity for interest spreads on investment-grade bonds to narrow — the bond market environment continued to improve after US President Trump announced last month that tariffs would be relaxed in some countries.

Apple did not immediately respond to requests for comment.