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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.
Amount:$1,377,000,000
Maturity:June 22, 2046
Securities:Notes
Managers:Deutsche Bank AG, Taipei Branch and KGI Securities Co. Ltd.
Coupon:4.15%
Price:Par
Yield:4.15%
Call feature:Every June 22 on or after June 22, 2018 at par plus accrued and unpaid interest
Pricing date:June 7
Settlement date:June 22
Ratings:Moody’s: Aa1
S&P: AA+
Distribution:SEC registered

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