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.

Intel plans to fund the deal with cash on hand and about $6.5 billion of new debt, ...