Apple Borrows $8.5 Billion
Posted on 05/11/2020
Apple Inc. is tapping the debt markets for cheap financing. Even during a viral pandemic, Apple has no problems raising debt.
Debt Raising for Apple Inc.
$2,000,000,000 0.750% Notes due 2023
$2,250,000,000 1.125% Notes due 2025
$1,750,000,000 1.650% Notes due 2030
$2,500,000,000 2.650% Notes due 2050
The major underwriters are Goldman Sachs & Co. LLC, BofA Securities, Inc. (Bank of America), J.P. Morgan Securities LLC, and Morgan Stanley & Co. LLC.
