Apple plans to issue its first corporate bond since 2023. Bloomberg reported that it will be investment-grade debt offered to investors in up to four tranches.
The longest ten-year bond is preliminarily offered with a yield of 0.7 percentage points higher than similar US Treasury securities.
According to the report, the details of the deal remain confidential, and major financial institutions such as Barclays Plc, Bank of America Corp., Goldman Sachs Group Inc., and JPMorgan Chase & Co. are coordinating the sale.
This move by Apple comes amid an expected increase in the volume of high-quality corporate bonds issued in the United States.
According to bankers, this week’s total volume of such placements could reach $35 to $40 billion, with industrial and technology companies as the leading players in the market.
Apple last placed debt securities in May 2023. At that time, the company issued $5.25 billion worth of bonds in five installments, including 30-year securities.
According to Bloomberg, Apple has reduced its debt since then: while at the end of March 2022, the company’s long-term liabilities amounted to about $113 billion, they were already $92 billion at the end of March 2025.