Apple said to raise $5B in new five-part debt offering
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Apple (NASDAQ:AAPL) is reportedly going back to the bond market in a new five-part debt offering.
The tech giant, which announced quarterly results last week and said it would boost its dividend and share buyback program, is likely to raise $5B as part of the offering, Bloomberg reported, citing a person familiar with the matter. 
The longest portion of the debt offering, a 30-year-offering, could have a yield of 135 basis points over the 30-year U.S. Treasury, the person added.
Apple (AAPL) previously tapped the debt market in August 2022 when it sold $5.5B worth of debentures.
The tech giant has some of the highest-rated credit amongst corporate issuers, with Moody's upgrading it to AAA in December 2021. S&P has deemed Apple's (AAPL) debt worthy of a AA+ rating, while Fitch has assigned a AAA rating.
Cupertino, California-based Apple (AAPL) did not immediately respond to a request for comment from Seeking Alpha.
On the company's earnings call, CFO Luca Maestri reiterated Apple's (AAPL) stance that the company intends to become cash neutral over time.
Apple (AAPL) shares were fractionally lower in early Monday trading.
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