HALISTER: NEW DEAL: Apple Inc. $Bmark 3y Fxd/Frn, 5y Fxd/Frn , 7y, 10y

NEW DEAL: Apple Inc. $Bmark 3y Fxd/Frn, 5y Fxd/Frn , 7y, 10y

(Bloomberg) -- Offering of up to 6 parts expected to price today.
  • IPTs:
    • 3Y Fxd (05/11/2020): +45a
    • 3Y FRN (05/11/2020): L equiv.
    • 5Y Fxd (05/11/2022): +60a
    • 5Y FRN (05/11/2022): L equiv.
    • 7Y Fxd (05/11/2024): +85-90
    • 10Y Fxd (05/11/2027): +100-105
  • Issuer: Apple Inc. (AAPL)
  • Ratings: Aa1/AA+
  • SEC registered sr unsecured
  • UOP: GCP
  • Par Call: 1-month on 5Y, 2-months 7Y, 3-months on 10Y
  • Bookrunners: GS, JPM, WFS
  • Settlement: 05/11/2017
  • Denoms: 2k x 1k
  • NOTE: Apple reported 2Q earnings May 2; authorized $50b boost to capital return program
  • Information from person familiar with the matter, who is not authorized to speak publicly and asked not to be identified

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
AAPL US (Apple Inc)

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UUID: 7947283