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Apple to sell bonds worth $5bn 
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Legend

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http://www.bbc.co.uk/news/business-31092041

Bond. 30 Year Bond.

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Mon Feb 02, 2015 8:52 pm
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How can apple only be rated Aa1?

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Mon Feb 02, 2015 9:20 pm
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l3v1ck wrote:
How can apple only be rated Aa1?

Unlike a state central bank, their license to print money is more of a metaphor than a fact.


Tue Feb 03, 2015 1:36 am
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If you have nearly $200 billion in the bank, why do you need to raise another $5 billion?

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Tue Feb 03, 2015 5:09 am
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big_D wrote:
If you have nearly $200 billion in the bank, why do you need to raise another $5 billion?

The reason is that App,e have a lot of their capital in off shore accounts. If they brought that money into the USA, they'd be hit with a massive tax bill. It's cheaper for them to borrow and issue bonds than use their own capital.

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Tue Feb 03, 2015 8:42 am
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paulzolo wrote:
big_D wrote:
If you have nearly $200 billion in the bank, why do you need to raise another $5 billion?

The reason is that App,e have a lot of their capital in off shore accounts. If they brought that money into the USA, they'd be hit with a massive tax bill. It's cheaper for them to borrow and issue bonds than use their own capital.

.....and the interest paid on the bond can be set against their tax bill

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Tue Feb 03, 2015 10:30 am
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