Apple plans to raise about 7 billion US dollars through the issuance of the first investment-grade bond in more than a year to support stock buybacks and join the wave of US tech giants issuing bonds. People familiar with the matter said that the distribution scale has not yet been finalized and will be adjusted according to investors' needs. The funds raised will be used for general corporate purposes, including share repurchases, dividends, and capital expenses. The source said that the iPhone manufacturer will issue bonds in 7 installments, covering a period of 2 to 10 years; the initial guide price for the longest term bonds is 0.8 percentage points premium over US Treasury yields. The relevant information was not authorized to be disclosed to the public, and the source requested anonymity.

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