https://wccftech.com/apple-nasdaq-aapl-to-issue-fresh-debt-today-in-order-to-take-advantage-of-historically-low-borrowing-costs/

Apple (NASDAQ:AAPL) is undoubtedly one of the most profitable companies in the world right now. Given the company’s tremendous repository of cash, investors usually flock to its periodic debt offerings in droves. These investors will gain another opportunity to gain exposure to Apple’s debt offerings on Monday as the iconic iPhone maker is planning to issue 4 senior unsecured notes.

As per Apple’s filing with the U.S. Securities and Exchange Commission, the company is planning to issue notes with maturities in 2023, 2025, 2030, and 2050. Although the company has not revealed the quantum of funding it plans to raise through these debt offerings, it has stated in the filing that the interest on these notes will be paid semi-annually in arrears. Moreover, the notes will be issued in minimum denominations of $2,000 and “integral multiples of $1,000 in excess thereof”.