Goldman Seen Joined by Deutsche Bank to Lead Apple Offering

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Goldman Sachs Group Inc., which has been advising Apple Inc. on how to deal with its multibillion-dollar cash pile, and Deutsche Bank AG, Germany’s biggest lender, are in the lead to help the iPhone maker sell bonds for the first time in 17 years.

Apple asked the two banks, based in New York and Frankfurt, to arrange phone interviews with fixed-income investors today in advance of a potential deal, according to a person familiar with the offering who asked not to be identified because the terms aren’t set.