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Apple eyes 200 billion yen bond issuance in Japan

TOKYO -- In what will be its first fundraising activity in Japan, Apple is considering issuing about 200 billion yen ($1.62 billion) in bonds as early as June.

     The U.S. technology company aims to procure funds at low cost by taking advantage of rock-bottom interest rates in Japan. It will likely use the proceeds to boost shareholder rewards and possibly expand Japanese operations.

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