Apple issued three debt issues of corporate bonds to borrow money to finance the building and operating
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BORROWER: APPLE CO AMT $500 MLN MATURITY 3/15/2015 FIRST PAY 9/15/2010 SETTLEMENT 3/13/2010 COUPON 5.00 PCT TYPE SR NOTES ISS PRICE 99.558 MOODY'S A2 YIELD 5.101 PCT S&P A-PLUS SPREAD 310 BPS/ PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS AMT $700 MLN COUPON 6.00 PCT ISS PRICE 98.466 MATURITY 3/15/2020 FIRST PAY 9/15/2010 TYPE SR NOTES YIELD 6.208 PCT SETTLEMENT 3/13/2010 MOODY'S A2 S&P A-PLUS SPREAD 320 BPS/ PAY FREQ SEMI-ANNUAL MAKE-WHOLE CALL 50 BPS FITCH A-PLUS MORE THAN TREAS AMT $600 MLN MATURITY 3/15/2040 FIRST PAY 9/15/2010 SETTLEMENT 3/13/2010 COUPON 6.875 PCT ISS PRICE 97.913 TYPE SR NOTES MOODY'S A2 YIELD 7.043 PCT S&P A-PLUS SPREAD 330 BPS/ PAY FREQ SEMI-ANNUAL FITCH A-PLUS MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
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Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
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