Apple Joins Tech Borrowing Boom With Second Deal This Year
(Bloomberg) — Borrowing costs are so cheap right now that not even Apple Inc. can resist, becoming the latest to join a boom in issuance from the worlds biggest technology companies.
Apple, which hasnt borrowed in dollars more than once in a calendar year since 2017, is tapping the investment-grade market for the second time since May. It was cheap to issue debt then and is even better now, with cash-rich companies like Amazon.com Inc. and Google parent Alphabet Inc. getting in on the action, …
