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Apple closes on sale of $7 billion in debt

Apple has wrapped a sale of $7 billion in debt across various tranches, according to its SEC filing. The tech giant sold $500M in floating rate notes due 2020 and $750 million in floating-rate notes due in 2022.

That’s along with: $1billion in 1.8% notes due in 2020; $1 billion in 2.3% notes due in 2022; $1.75B billion in 2.85% notes due in 2024; and $2 billion in 3.2% notes due in 2027. At last report, Apple’s total debt had risen to $98.88 billion (some $85 billion of that in long-term debt).

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.