Apple prices $7.5 billion bond sale across seven series, SEC filing shows
Apple has priced a $7.5 billion bond offering, according to a final pricing term sheet the company filed with the U.S. Securities and Exchange Commission on Friday. The size is slightly above the roughly $7 billion that had been reported a day earlier, when Bloomberg said investor orders far exceeded the amount on offer.
The offering is split into seven series. Two are floating-rate notes: $500 million due in 2028 and $750 million due in 2029. The 2028 notes pay interest at compounded SOFR plus 0.33 percent and were sold at par, based on the SEC filing. The other five are fixed-rate bonds, which 9to5Mac reports as follows: