Apple's $3.5 billion European bond starts accruing interest today

In a securities filing, Apple detailed its $3.5 billion European bond, which begins to accrue interest today, with the first interest payment due November 10 next year. The bonds are split between 8-year and 12-year maturity dates, with the 8-year bond maturing on November 10, 2022.

Apple is looking to take advantage with some of the lowest interest rates with its issuance of debt. You can check out Apple's filing below.

Apple Euro Bond Disclosure by Mikey Campbell

Source: Apple Insider

Chuong H Nguyen