Apple completes a $7.5 billion corporate bond issuance

Apple completed a bond issuance totaling $7.5 billion on November 9, including $1.25 billion in floating rate bonds and $6.25 billion in fixed rate bonds, with maturities ranging from 2028 to 2036. The fixed rate bonds have coupon rates of 4.65% to 5.35%, with the highest rate for the bonds maturing in 2036 being 5.35%. This issuance was underwritten by Goldman Sachs, Bank of America, Deutsche Bank, and JPMorgan Chase.