Apple Inc. tapped the U.S. investment-grade bond market on Thursday with a $6.5 billion sale in four parts as the tech giant increasingly looks to return cash to shareholders.
The longest portion of the offering, a 40-year security, will yield 0.92 percentage points above Treasuries, according to a person familiar with the matter, who asked not to be identified as the details are private. Initial price discussions were in the 1.15 percentage points range.