[Apple plans to raise approximately US$7 billion through its first debt issuance in more than a year] On November 6, Apple plans to raise approximately US$7 billion through its first issuance of investment-grade bonds in more than a year to support stock buybacks and other purposes, adding to the recent intensive debt issuance by US technology giants. According to people familiar with the matter, the size of the bond issuance has not yet been finalized and may still be adjusted based on investor demand. Proceeds from the bond issuance will be used for general corporate purposes, including stock buybacks, dividends and capital expenditures, people familiar with the matter said. People familiar with the matter also said that the iPhone maker will issue seven tranches of bonds with maturities ranging from two to 10 years. The debt issuance comes amid a wave of financing by large technology companies. Microsoft, Oracle and Meta Platforms have raised a combined $50 billion in the U.S. market since last week to support their investments in artificial intelligence infrastructure. Apple last issued bonds in May 2025, raising $4.5 billion. Bank of America Corp., Deutsche Bank AG, Goldman Sachs Group Inc. and JPMorgan Chase & Co. arranged the deal, people familiar with the matter said.