Apple Prices Bond Sale in Japan at ¥250 Billion - MacRumorsOpen MenuShow RoundupsShow Forums menuVisit ForumsOpen Sidebar
Skip to Content

Apple Prices Bond Sale in Japan at ¥250 Billion

by

Apple Red LogoApple has set a principal amount of ¥250 billion ($2.01 billion) for its bond sale in Japan per a final pricing term sheet published by the U.S. Securities and Exchange Commission on Thursday. The yen-denominated bonds have an interest rate of 0.350% and are set to mature on June 10, 2020. Interest is to be paid semi-annually on June 10 and December 10, commencing December 10, 2015.

The global notes will be available for purchase by both domestic and foreign investors, with net proceeds to be used for general corporate purposes, including stock buybacks, dividend payments, funding for working capital, capital expenditures, acquisitions and debt repayment. The issue is being handled by Goldman Sachs International and Mitsubishi UFJ Securities International.

Tags: Bonds, Japan, SEC

Top Rated Comments

Keane16 Avatar
146 months ago
If you know anything about corporate finance and taxation it makes perfect sense. Each time a news item is posted here about a foreign bond issue, a Swiss one, a German one, etc, similar uninformed folks post. I suggest going back and simply re-reading the posts explaining why it makes sense. It will be quite informative.

In short, the government sticks its nose so far up the Apple core, AAPL has to respond somehow in their own best interest, and the interest of shareholders, which is their primary remit.

Rocketman
Easy there cowboy.

In the system we've developed as a society - yes perfect sense.

That's why I said when you take a step back it's crazy. As Cuban Missiles said, we're talking abut a global company with $200b to its name. Yet it's selling bonds to raise funds.

So calm your boosters. There was nothing uninformed about my post.
Score: 6 Votes (Like | Disagree)
aaronvan Avatar
146 months ago
They can do whatever they want with it.

They could repatriate it and pay taxes. But they have the means to raise funds in another, cheaper, way. So they chose to do that.
Apple pays me dividends. That's a very good use of their money.
Score: 2 Votes (Like | Disagree)
Benjamin Frost Avatar
146 months ago
The name's Bond; Apple Bond.
Score: 2 Votes (Like | Disagree)
senseless Avatar
146 months ago
Keeping it simple, it's a smart busines move.

Apple has a lot of cash. But a big chunk of it is overseas. It can't use that money without getting hit by U.S. taxes when they 'bring it home'.

Apple has done a few bond sales over the last few years. Mostly they have used the money to buyback some of their own shares (reducing the supply and therefore boosting the share price), paying dividends among other things.

It's a good time to do the bond sales as rates are very low and of course Apple has insurance (the huge cash pile) so investors are keen to purchase (not to mention the general good health of the company).

That leads to my "crazy" comment. This global company has all this money, but rather than bring it home in the normal manner it's better (cheaper) for it to rack up some debt (in the form of bonds). What a funny old world, eh?
So what's the point of having a lot of money, if you can't do anything with it?
Score: 1 Votes (Like | Disagree)
keysofanxiety Avatar
146 months ago
Keeping it simple, it's a smart busines move.

Apple has a lot of cash. But a big chunk of it is overseas. It can't use that money without getting hit by U.S. taxes when they 'bring it home'.

Apple has done a few bond sales over the last few years. Mostly they have used the money to buyback some of their own shares (reducing the supply and therefore boosting the share price), paying dividends among other things.

It's a good time to do the bond sales as rates are very low and of course Apple has insurance (the huge cash pile) so investors are keen to purchase (not to mention the general good health of the company).

That leads to my "crazy" comment. This global company has all this money, but rather than bring it home in the normal manner it's better (cheaper) for it to rack up some debt (in the form of bonds). What a funny old world, eh?
Thank you for your courtesy Keane, I feel I understand this a lot better now.

Best wishes. :)
Score: 1 Votes (Like | Disagree)
Keane16 Avatar
146 months ago
I don't understand what anything you've just said means. :oops: Come to think of it, I don't really grasp what's actually going on about bonds and the like. Not to step in on a good Internet argument or anything, but would somebody be patient enough to explain this? Or even simplify to: is this good news or bad news? Who does it benefit? Is this a shrewd Apple move or ...?
Keeping it simple, it's a smart busines move.

Apple has a lot of cash. But a big chunk of it is overseas. It can't use that money without getting hit by U.S. taxes when they 'bring it home'.

Apple has done a few bond sales over the last few years. Mostly they have used the money to buyback some of their own shares (reducing the supply and therefore boosting the share price), paying dividends among other things.

It's a good time to do the bond sales as rates are very low and of course Apple has insurance (the huge cash pile) so investors are keen to purchase (not to mention the general good health of the company).

That leads to my "crazy" comment. This global company has all this money, but rather than bring it home in the normal manner it's better (cheaper) for it to rack up some debt (in the form of bonds). What a funny old world, eh?
Score: 1 Votes (Like | Disagree)

Popular Stories

iPhone 17 17 Pro and Air Feature

Apple Raises iPhone Prices in Japan

Friday July 17, 2026 12:45 pm PDT by
After raising prices on all Macs and iPads worldwide last month, Apple has now increased the price of iPhone models in Japan. As spotted by the Spanish blog iPhoneros, the iPhone 16, iPhone 17e, iPhone 17, iPhone Air, iPhone 17 Pro, and iPhone 17 Pro Max all received price increases on Apple's online store in Japan today. Prices increased by up to 11%. Model Previous...
Apple Event Logo

Apple Working on All-New Operating System

Wednesday July 29, 2026 11:39 am PDT by
Apple is developing an all-new operating system that is essentially a mix of tvOS, watchOS, and iOS, according to Bloomberg's Mark Gurman. In a report this week, he said the operating system will feature a grid of icons, widgets, and apps, along with customizable clock faces. The new software platform is intended for Apple's long-rumored smart home hub. With built-in facial recognition,...
Four iPhone 18 Pro Colors Mock Feature

iPhone 18 Pro and iPhone Ultra: Pre-Orders and Release Date

Thursday July 30, 2026 6:12 am PDT by
Apple has yet to reveal when the iPhone 18 Pro and iPhone Ultra will be announced and released, but the dates usually follow a familiar pattern. Labor Day is September 7 this year. The last time the holiday fell on that day was in 2020, but the iPhone event that year was delayed until October due to the COVID-19 pandemic. So, the last time Labor Day was on September 7 in a normal year was in ...

🔗 Related Apple News & Rumors

Stay updated with the latest Apple ecosystem news and verified rumors