New Issue: Apple sells $1 billion 4.3% 30-year notes at par via Deutsche Bank

By Devika Patel

Knoxville, Tenn., Feb. 14 – Apple Inc. priced $1 billion 30-year notes (Aa1/AA+) at par to yield 4.3% on Tuesday, according to an FWP filed with the Securities and Exchange Commission.

The notes are callable beginning March 3, 2020 and each March 3 thereafter at par plus accrued interest.

Deutsche Bank AG, Taipei Branch is the bookrunner.

The computer, mobile communication and media devices company is based in Cupertino, Calif.

Issuer:	Apple Inc.
Amount:	$1 billion
Description:	Notes
Maturity:	March 3, 2047
Bookrunner:	Deutsche Bank AG, Taipei Branch
Co-managers:	Goldman Sachs & Co., BofA Merrill Lynch, Morgan Stanley & Co. LLC
Coupon:	4.3%
Price:	Par
Yield:	4.3%
Call feature:	Beginning March 3, 2020 and each March 3 thereafter at par plus accrued interest
Trade date:	Feb. 14
Settlement date:	March 3
Ratings:	Moody’s: Aa1
	S&P: AA+
Distribution:	SEC registered

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