Apple Inc (AAPL) 2020-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD2,000.0003May-23Sr. UnsecuredAa1AA+-FixedTsyT+95 aT+65 a600.75%1299.72800
USD2,250.0005May-25Sr. UnsecuredAa1AA+-FixedTsyT+110 aT+85 a801.13%1099.82100
USD1,750.00010May-30Sr. UnsecuredAa1AA+-FixedTsyT+130 aT+115 a1101.65%1399.29600
USD2,500.00030May-50Sr. UnsecuredAa1AA+-FixedTsyT+170 aT+150 a1452.65%1098.57100
Tranche Comments
3 yr: Book size: 6300; First Pay: 2020-11-11; Registration: Registered; Comments: US$2bn .75% cpn 3-year(5/11/23) at 99.728, yld .842%. Spread: T+60bp. MWC T+10bp; 5 yr: Book size: 6700; First Pay: 2020-11-11; Registration: Registered; Comments: US$2.25bn 1.125% cpn 5-year(5/11/25) at 99.821, yld 1.162%. Spread: T+80bp. MWC T+12.5bp; 10 yr: Book size: 5200; First Pay: 2020-11-11; Registration: Registered; Comments: US$1.75bn 1.65% cpn 10-year(5/11/30) at 99.296, yld 1.727%. Spread: T+110bp. MWC T+20bp; 30 yr: Book size: 7500; First Pay: 2020-11-11; Registration: Registered; Comments: US$2.5bn 2.65% cpn 3-year(5/11/50) at 98.571, yld 2.72%. Spread: T+145bp. MWC T+25bp;
Deal Comments
Active Bookrunners: BAM, GSC (B&D) (5yr, 10yr), JPM (B&D) (3yr, 30yr), MSC.
Use of Proceeds
Repurchase stock, pay dividends, repay debt and general corporate purposes
Research
AllReportsSurveillanceOther

Explore all other research.