Apple opens books on six-part US dollar bond - source

Tue Apr 30, 2013 8:26am EDT

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NEW YORK, April 30 (IFR) - Apple Inc has opened books on a six-part US dollar-denominated bond offering, market sources told IFR.

The computer giant is planning to offer three-year and five-year fixed and floating-rate notes, as well as 10-year and 30-year fixed-rated notes via Deutsche Bank and Goldman Sachs.

Pricing is expected later on Tuesday.

Apple, rated Aa1/AA+, is planning to use the proceeds to help finance its $100 billion capital return plan for shareholders. (Reporting By John Balassi and Josie Cox; Writing by Ciara Linnane; Editing by Marc Carnegie)

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