Apple Files To Sell Debt, With Maturities Out To 2046

By Tomi KilgoreMarketWatch Pulse

Apple Inc. filed on Tuesday to sell notes, with a series of maturities from 2018 through 2046, to raise money for purposes including share repurchases, dividend payments and acquisitions. The amounts of the notes being offered, and the interest rates, were not yet determined. The offering would include floating rate notes with maturities due 2018 and 2019, and fixed rate notes with maturities starting in 2018 through 2046. Apple's stock, which climbed 1.2% in premarket trade, has tumbled 18% over the past three months through Friday, while the Dow Jones Industrial Average has lost 8.6%.

Copyright © 2016 MarketWatch, Inc.

Continue Reading Below