FORTUNE -- Steve Jobs didn't like to borrow money. For the nearly 15 years he ran Apple (AAPL) as CEO -- interim or otherwise -- the company was debt-free and, for the last half-dozen years, cash rich.
But Jobs loved superlatives and nice round numbers with lots of zeroes, and there was much he might have liked about Apple's first venture into the capital markets in at least 17 years.
Tuesday's bond offering by the numbers:
UPDATE: The details of the offering, via Goldman Sachs and Bloomberg.
SEC filing suggests that its $60 billion stock buyback has not yet begun in earnest.
FORTUNE -- Apple (AAPL) on Monday set in motion the financial mechanisms necessary to initiate the $100 billion cash management plan announced last week.
By 11 a.m., according to an SEC Form S-3 filing, the company will have deposited the cash necessary to pay accrued dividends. According to Reuters it will also be holding a series of meetings with potential MOREPhilip Elmer-DeWitt - Apr 29, 2013 10:27 AM ET
Apple's tablet plays a key role in the largest debt restructuring in history
FORTUNE -- I got a London call last week from Bob Apfel, a Brooklyn neighbor (and fellow Oberlin College graduate).
"Two weeks ago," he began. "I completed the debt restructuring of Greece."
It was pretty bold statement, but not entirely out of character. After all, Apfel runs a company called Bondholder Communications Group that does this kind of thing.
But that MOREPhilip Elmer-DeWitt - May 22, 2012 7:27 AM ET
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