Apple plans to raise approximately $7 billion through its first investment-grade bond issuance in over a year, according to Jinse Finance. The funds will be used to support stock buybacks and other purposes, adding to the recent wave of bond issuances by major US tech companies. Sources familiar with the matter revealed that the issuance size is not yet finalized and may be adjusted based on investor demand. The proceeds will be used for general corporate purposes, including stock buybacks, dividends, and capital expenditures. The sources also indicated that the iPhone maker will issue seven tranches of bonds with maturities ranging from two to ten years. This issuance comes at a time of heightened financing by large tech companies. Since last week, Microsoft, Oracle, and Meta Platforms have collectively raised $50 billion in the US market to support their investments in artificial intelligence infrastructure. Apple's last bond issuance was in May 2025, when it raised $4.5 billion. Sources indicated that Bank of America, Deutsche Bank, Goldman Sachs, and JPMorgan Chase are arranging the transaction.