Bond Appli 2.85% ( US037833AR12 ) in USD
Issuer | Appli | ||
Market price | 100 % ▼ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 2.85% per year ( payment 2 times a year) | ||
Maturity | 05/05/2021 - Bond has expired | ||
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Minimal amount | 2 000 USD | ||
Total amount | 3 000 000 000 USD | ||
Cusip | 037833AR1 | ||
Standard & Poor's ( S&P ) rating | AA+ ( High grade - Investment-grade ) | ||
Moody's rating | Aa1 ( High grade - Investment-grade ) | ||
Detailed description |
Apple Inc. designs, develops, and sells consumer electronics, computer software, and online services. This financial analysis focuses on a specific debt instrument issued by Apple Inc., identified by ISIN US037833AR12 and CUSIP 037833AR1. Apple Inc., a globally recognized technology giant headquartered in the United States, is celebrated for its consumer electronics, software, and online services, consistently demonstrating robust financial performance and strong market leadership, which underpins its high credit quality in the international capital markets. This particular bond, denominated in USD, featured a fixed interest rate of 2.85% and was part of a substantial issuance with a total size of $3,000,000,000, offering a minimum purchase size of $2,000. Interest payments were scheduled semi-annually. Originating from the United States, this debt obligation reached its maturity date on May 5, 2021, at which point it was fully redeemed at its par value of 100% of the principal, successfully fulfilling all obligations to bondholders. Reflecting Apple's exceptional credit standing, the bond was rated 'AA+' by Standard & Poor's and 'Aa1' by Moody's, indicative of a very strong capacity to meet its financial commitments. |