Question

Find an example of a company issuing a bond. You should post a unique company (one that other students have not posted). Be sure to check your classmates’ postings to make sure that your example was not already taken. The title of your post should be the name of the company issuing the bond.

Answer 1

Apple Inc. issued bonds in 2013 to raise funds for various purposes.

Step-by-step explanation:

An example of a company issuing a bond is Apple Inc.. In 2013, Apple issued a bond offering to raise money for different purposes, such as returning capital to shareholders and funding new projects. The bond offering consisted of both fixed-rate and floating-rate notes, with varying maturities ranging from 3 to 30 years.

For instance, Apple issued $3 billion of 1.00% Floating Rate Notes due 2026 and $1 billion of 2.40% Notes due 2026. These bonds were attractive to investors because of Apple's strong financial position and reputation. The interest payments on the bonds were made semi-annually, which allowed the bondholders to earn a return on their investment.

By issuing bonds, Apple was able to tap into the capital market and raise funds directly from investors. This allowed Apple to diversify its sources of funding and take advantage of the prevailing interest rates at the time of the bond offering.