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Apple to Sell Bonds in Euros

by Dawn Chmielewski

Apple issued its first bond offering in euros, not U.S. dollars, Tuesday as it seeks to broaden the pool of investors it could tap to borrow money. The company filed a preliminary prospectus, offering $3.5 billion in debt to mature in eight and 12 years. Apple said it plans to use the proceeds for a variety of purposes, including capital expenditures, repurchasing stock or making acquisitions.

This article originally appeared on Recode.net.

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