Don’t say Apple can’t get big things done in a hurry. Just a week after announcing it would enter the debt markets, Apple placed a record $17 billion in bonds today in a wildly popular offering that saw demand outstrip supply by 3:1. The offering including bonds maturing at 3, 5, 10 and 30 years, mostly with fixed rates, although on the short end there are also some notes with variable interest rates. Altogether, the blended rate Apple will pay — at least in the first year — comes out to 1.85% and will lead to an interest expense of $314 million.
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