Apple plans to sell $14 billion worth of bonds, taking advantage of cheap borrowing costs to fund corporate operations like share buybacks. Credit: SEC The company plans to issue debt in six parts, with the longest offering being a 40-year security that will yield 95 basis points above Treasuries, Bloomberg reported on Monday. The preliminary filings for the bond sale also surfaced early Monday morning. According to Bloomberg Barclays index data, average investment-grade companies will be able to borrow at a rate of 1.86% for roughly nine years, down from when Apple last offered a debt deal. Goldman Sachs Group, JPMorgan Chase, and Morgan Stanley and managing the bond sale. Apple plans to use the proceeds for general corporate purposes the Cupertino tech giant plans, including stock buybacks and paying dividends to shareholders. The money could also be used for working capital, capital expenditures, repayment of debt, or acquisitions. The new debt deals would mark the third time that it has tapped the market since May 2020. Apple issued bond sales of $8 billion in May, and another