Apple filed to raise new debt, becoming the latest in a flood of companies in recent weeks to borrow money. The tech giant filed a prospectus to sell bonds of varying maturities, although the amount it wants to sell and the potential interest rates are still undetermined. Presumably the money raised will refinance the $10 billion of debt that comes due this year, and possibly other debt that...
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Stripe in Talks to Raise Up to $3 Billion From Current Investors
Less than a week after telling employees that it would evaluate a public offering over the next year, payments giant Stripe is moving quickly on a deal to raise as much as $3 billion from its existing investors. The talks, which have heated up in recent days, are likely to value the company at between $55 billion and $60 billion, according to one person involved in the potential deal....
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