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Apple Pre-Market Gain Narrows to 1.23% on Reported Seven-Tranche Dollar Bond Sale

Apple’s pre-market gain narrowed to 1.23% after the company launched a seven-tranche US dollar investment-grade bond offering. The iPhone maker is tapping the high-grade debt market across seven maturities in dollars, with the size of the deal not disclosed. The move comes as Apple shares traded higher ahead of the US open.

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