It’s not often that Apple gets second place, but the technology giant’s $17 billion bond sale in April was outmatched this week by Verizon Communications, which set a new record with a $49 billion bond sale of its own.
Verizon will use proceeds from the sale to finance the company’s $130 billion acquisition of Verizon Wireless from joint venture partner Vodafone. That transaction, announced earlier this month, is poised to become the third-largest M&A deal in history, according to our previous reports.
