Apple $10 billion notes issue

9/2/2017
Investment grade bond/note issue

$ 10 billion

Completed

9/2/2017


Overview:

  • Apple has completed a $10 billion debt offering.
  • The offering comes mere days after a $17 billion notes issue by rival Microsoft.
  • The nine tranche issue has maturities ranging from 2 to 30 years.
  • Proceeds will be used for general corporate purposes.
  • The underwriters were led by Goldman Sachs, Deutsche Bank Securities, and JP Morgan Securities.
  • Apple legal representation couldn't comment on partners involved.

Kurt Stumpo - Journalist

Continue reading...

New to IFLR1000?

Register today for FREE:

  • Understand market dynamics, with data broken by deal type and more
  • Access law firms and lawyers involved in deals
  • Gain unique insight into lawyers recent work
REGISTER NOW

Sign in