New bond issue: Apple issued bonds for USD 2,500.0m maturing in 2046 with a 4.65% coupon.

February 18, 2016 - Cbonds

 

Apple issued bonds for USD 2,500.0m maturing in 2046 with a 4.65% coupon. Bonds were sold at a price of 99.423% with an initial yield of 4.686%. Bookrunner: Goldman Sachs, Deutsche Bank, JP Morgan, Bank of America Merrill Lynch.
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Issuer, issue numberApple, 4.65% 23feb2046, USD
Type of debt instrumentDomestic bonds
Issue statusoutstanding
Type of placementPublic
Par, currency of issueUSD 2,000
Amount4,000,000,000
ISINUS037833BX70
End of placement02/16/2016
Initial issue price99.423
Yield at pricing4.686
Coupon4.65%
Coupon frequency2 time(s) per year
Settlement date02/23/2016
Maturity date02/23/2046
Issue ManagersBookrunner: Goldman Sachs, Deutsche Bank, JP Morgan, Bank of America Merrill Lynch
Issuer: Apple
Issuer profile:
Apple Inc. (Apple), along with its subsidiaries, is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. I... more
Outstanding issues:
38 issuesUSD64,877,000,000
4 issuesEUR4,800,000,000
2 issuesCHF1,250,000,000
2 issuesGBP1,250,000,000
1 issuesJPY250,000,000,000
6 issuesAUD3,675,000,000
Issuer rating:
S&P Global RatingsAA+/StableForeign Currency LT04/23/2013
S&P Global RatingsAA+/StableLocal Currency LT04/23/2013