NEW YORK (TheStreet) -- Shares of Apple (AAPL) slightly higher at $108.02 in pre-market trading after it was reported that the company is holding calls with investors today to discuss a bond sale, sources told Bloomberg.
The technology company hired Goldman Sachs Group (GS) and Deutsche Bank (DB) to organize the calls, sources said. A London-based spokesman for Apple declined to comment on whether the securities would be denominated in euros, Bloomberg noted.
Apple sold $12 billion of dollar notes this year after raising $17 billion in 2013 in the largest corporate bond sale at the time. A transaction in euros would be the first for Apple, and would allow the company to borrow at the lowest rate relative to dollar-denominated debt in six years, according to Bank of America Merrill Lynch BAC index data.
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TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."