Apple Inc. announced the consummation of the issuance and sale of $7.5 billion in aggregate principal amount of senior unsecured notes. The offering consists of seven separate series of both floating-rate and fixed-rate notes with maturity dates ranging from 2028 to 2036.
Key Details
- Total Offering: $7.5 billion in aggregate principal, comprising $1.25 billion in floating-rate notes and $6.25 billion in fixed-rate notes.
- Terms & Maturities: The fixed-rate notes have interest rates ranging from 4.650% to 5.350% per annum, with maturity dates from 2028 to 2036. The floating-rate notes mature in 2028 and 2029.
- Transaction Details: The sale was consummated on November 9, 2026, under an underwriting agreement with firms including Goldman Sachs & Co. LLC, BofA Securities, Inc., and J.P. Morgan Securities LLC.
- Ranking: The notes are senior unsecured obligations and will rank equally with Apple's other unsecured and unsubordinated debt.