Another Fee Bonanza Looms For Apple Debt Underwriters

NEW YORK (TheStreet) -- When Apple decided to finance some of its rising capital returns to shareholders in 2013, it prompted the biggest debt offering in corporate history at the time. Now that the company is planning to tap debt markets once more to boost dividend and buyback activity, Wall Street underwriters may be readying for a fee bonanza. Goldman Sachs and Deutsche Bank , the lead underwriters of Apple's first debt offering, are the most likely to benefit from Apple's decision to return to credit markets. In fiscal second-quarter earnings, Apple said it would increase its capital return to shareholders to over $130 billion by the end of 2015, with repurchases rising by $30 billion to $90 million.

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News