Apple plans to exploit low interest rates in Swiss franc bond sale

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Apple is ready for another huge bond sale. Photo: Cult of Mac
Apple is ready for another huge bond sale. Photo: Cult of Mac

Apple is sitting on more cash than King Midas could dream of, but instead of bringing that money back to the U.S. to fund stock buybacks, Apple is reportedly looking to exploit Switzerland’s low interest rates with a Swiss Franc bond sale.

Goldman Sachs and Credit Suisse have been hired to manage the potential sale, reports the Wall Street Journal, which says the new bond sale could come as soon as Tuesday.