Tresury & Risk Home Menu

Apple Sells $1B Green Bond

Issuance will fund company's effort to make its operations 100% renewable.

Apple, which issued the biggest green bond ever sold by a U.S. corporation last year to finance projects fighting global warming, is doing it again.

On Tuesday, the iPhone maker sold a $1 billion green bond to fund renewable energy generation. It builds on $1.5 billion worth of bonds the company sold a year ago to further its goal of running 100% of its operations on renewable energy.

Copyright 2017 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.