This includes both fixed-rate and floating-rate notes, with maturities ranging from 2026 to 2036. Apple priced USD 3.5 billion of shorter-dated and floating-rate debt, while placing USD 4 billion across longer-dated fixed-rate tranches.
The largest tranche is a USD 2 billion 10-year bond maturing in 2036. It carries a coupon of 5.35 percent and is priced at a spread of 55 basis points over comparable US Treasuries. The final spread was 25 basis points tighter than the initial guidance, reflecting robust investor demand.
Apple also sold USD 1 billion of notes maturing in 2026 at 4.65 percent, USD 1 billion maturing in 2029 at 4.75 percent, USD 1 billion maturing in 2031 at 4.90 percent, and USD 1.25 billion maturing in 2033 at 5.10 percent. The company raised another USD 1.25 billion through floating-rate notes maturing in 2028 and 2029.
