Loop Capital Markets acts as co-manager on a $5.5 billion senior unsecured bond offering for Apple

On August 13, 2020, Loop Capital Markets acted as a co-manager on a four-tranche, $5.5 billion, senior unsecured bond offering for Apple. The notes are rated Aa1/AA+ across 5- 10- 30- and 40-year tranches.

Use of proceeds are earmarked for general corporate purposes, including repurchases of the common stock and payment of dividends under the program to return capital to shareholders, funding for working capital, capital expenditures, acquisitions and repayment of debt.