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AI English summary of an SEC filing — figures as filed

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The company said it completed the issuance and sale of $1,500,000,000 of 4.000% Notes due 2028, 4.200% Notes due 2030, 4.500% Notes due 2032 and 4.750% Notes due 2035, in the amount of $1,000,000,000 each, on May 12, 2025.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it completed the issuance and sale of $1,500,000,000 of 4.000% Notes due 2028, 4.200% Notes due 2030, 4.500% Notes due 2032 and 4.750% Notes due 2035, in the amount of $1,000,000,000 each, on May 12, 2025.

  2. Apple said interest will be paid semi-annually in arrears on May 12 and November 12 of each year, with the first payment on November 12, 2025. The notes mature on May 12 in 2028, 2030, 2032 and 2035, respectively.

  3. The company said the notes are senior unsecured obligations and rank equally with its other unsecured and unsubordinated debt. They are being issued on November 1, 2024 under the Indenture and a Form S-3 registration statement dated the same day (Reg. No. 333-282937).

  4. The company said it issued the notes on May 5, 2025 under the Underwriting Agreement, with Goldman Sachs & Co. LLC, Barclays Capital Inc., BofA Securities, Inc. and J.P. Morgan Securities LLC as representative underwriters. The trustee under the Indenture is The Bank of New York Mellon Trust Company, N.A.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Apple Issues 4 Series of Senior Unsecured Notes

The company said it completed the issuance and sale of $1,500,000,000 of 4.000% Notes due 2028, 4.200% Notes due 2030, 4.500% Notes due 2032 and 4.750% Notes due 2035, in the amount of $1,000,000,000 each, on May 12, 2025.

Source · Based on the filing body and exhibits

Interest Payment Schedule and Maturities

Apple said interest will be paid semi-annually in arrears on May 12 and November 12 of each year, with the first payment on November 12, 2025. The notes mature on May 12 in 2028, 2030, 2032 and 2035, respectively.

Source · Based on the filing body and exhibits

Ranking of the Notes and Basis of Issuance

The company said the notes are senior unsecured obligations and rank equally with its other unsecured and unsubordinated debt. They are being issued on November 1, 2024 under the Indenture and a Form S-3 registration statement dated the same day (Reg. No. 333-282937).

Source · Based on the filing body and exhibits

Underwriting Agreement and Representative Underwriters

The company said it issued the notes on May 5, 2025 under the Underwriting Agreement, with Goldman Sachs & Co. LLC, Barclays Capital Inc., BofA Securities, Inc. and J.P. Morgan Securities LLC as representative underwriters. The trustee under the Indenture is The Bank of New York Mellon Trust Company, N.A.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.