Forbes: Scott Rostan “Apple’s Debt Offering: Investors Clamor For A Parking Spot In iBonds”
http://www.forbes.com/sites/steveschaefer/2013/05/01/bond-investors-line-up-for-a-parking-spot-in-apple-debt/
Steve Schaefer
Apple launched its first debt offering in almost 20 years Tuesday and by all accounts demand for the new six-part issuance was so robust the iPhone-maker will pay interest rates near or below Corporate America’s lowest.
The company reportedly raised $17 billion in a heavily-oversubscribed offering, with all six tranches at narrow...