Intel Plans Multi-Billion Dollar Bond Sale Tied to Apollo Deal

Intel Corp. is readying a multi-billion dollar bond sale to finance the repurchase of half of a plant in Ireland that it had previously sold to Apollo Global Management Inc.

The chipmaker is weighing a five-part offering that may be announced as soon as Monday, according to people with knowledge of the matter. The debt would fund the $14.2 billion transaction that was announced earlier this month, said the people, who asked not to be identified because they’re not authorized to speak publicly.