Apple prices $7.5 billion in seven tranches of notes

Apple filed pricing terms on Friday for $7.5 billion of notes in seven tranches, from floating rate notes due 2028 to $2 billion of 5.350% notes due 2036.

Why it matters: The offering is a large, routine return to the bond market by a watched issuer, adding maturities from 2028 to 2036 at coupons up to 5.350%.

Data as of Apple Inc. prospectus supplement (Form 424B2) filed November 6, 2026 (accession 0001140361-26-042505), read from the SEC filings lane copy. All amounts, coupons and maturities are the filing's own. Developing item.

Apple priced $7.5 billion of notes in seven tranches, according to a prospectus supplement filed on Friday: $500 million of floating rate notes due 2028 at compounded SOFR plus 0.33%, $750 million of floating rate notes due 2029 at compounded SOFR plus 0.45%, and fixed rate notes of $1 billion at 4.650% due 2028, $1 billion at 4.750% due 2029, $1 billion at 4.900% due 2031, $1.25 billion at 5.100% due 2033 and $2 billion at 5.350% due 2036.

All seven tranches mature on November 9 of their respective years. Interest on the floating rate notes is payable quarterly from February 9, 2027, and interest on the fixed rate notes is payable semi-annually from May 9, 2027.

Apple prices $7.5 billion in seven tranches of notes

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