Apple is readying a bond offering, its first since 1996.
The program, which The Wall Street Journal says could be finalized later today, is designed to help Apple pay for the more than $100 billion it plans to pay shareholders over the next few years.
Apple detailed initial plans for the program in a regulatory filing on Monday, and once again on Tuesday. It's a mix of notes and securities that mature beginning in 2016, and go through 2043, though Apple did not provide prices. Bloomberg suggests the total could go as high as $17 billion.
The bond sale … Read more