enca.com
Apple is planning its first debt sale, having surprised markets last week by revealing it could look to a bond sale to raise funds for a US$100 billion capital return programme for shareholders.
Reuters reported yesterday Apple - the only debtless major tech company - was set to begin investor calls led by Deutsche Bank and Goldman Sachs, according to sources familiar with the process.
Having surprised the markets last week by saying it could turn to a debt sale, Reuters reports any bond offer would be highly popular.
The company wishes to buy back US$60 billion in shares over the next three years, but does not have enough funds on hand to fund the programme.
It is not yet known what currency the debt would be issued in.
