Published on 6/7/2016 in the Prospect News Investment Grade Daily.
New Issue: Apple prints $1.38 billion of 4.15% 30-year notes at par
By Cristal Cody
Eureka Springs, Ark., June 7 – Apple Inc. sold $1,377,000,000 of 4.15% 30-year notes at par on Tuesday, according to an FWP filing with the Securities and Exchange Commission.
Deutsche Bank AG, Taipei Branch and KGI Securities Co. Ltd. were the managers.
Apple plans to apply to list the notes (Aa1/AA+) on the Taipei Exchange.
The computer, mobile communication and media devices company is based in Cupertino, Calif.
Issuer: | Apple Inc.
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Amount: | $1,377,000,000
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Maturity: | June 22, 2046
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Securities: | Notes
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Managers: | Deutsche Bank AG, Taipei Branch and KGI Securities Co. Ltd.
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Coupon: | 4.15%
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Price: | Par
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Yield: | 4.15%
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Call feature: | Every June 22 on or after June 22, 2018 at par plus accrued and unpaid interest
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Pricing date: | June 7
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Settlement date: | June 22
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Ratings: | Moody’s: Aa1
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| S&P: AA+
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Distribution: | SEC registered
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