Apple Inc. filed a Form 8-K with the SEC on November 9, 2026, disclosing the consummation of a multi-tranche debt offering totaling $7,500,000,000 in aggregate principal amount across seven series of notes issued that same day.

Key Highlights

  • Total offering size: $7,500,000,000 in aggregate principal amount across seven series of notes, consummated on November 9, 2026.
  • Floating rate tranches: $500,000,000 of Floating Rate Notes due 2028 and $750,000,000 of Floating Rate Notes due 2029, with interest paid quarterly.
  • Fixed rate tranches: $1,000,000,000 of 4.650% Notes due 2028; $1,000,000,000 of 4.750% Notes due 2029; $1,000,000,000 of 4.900% Notes due 2031; $1,250,000,000 of 5.100% Notes due 2033; and $2,000,000,000 of 5.350% Notes due 2036.
  • Underwriting agreement dated November 5, 2026: Representatives included Goldman Sachs & Co. LLC, BofA Securities, Inc., Deutsche Bank Securities Inc., and J.P. Morgan Securities LLC.
  • Senior unsecured obligations: According to the filing, the notes "will rank equally with Apple's other unsecured and unsubordinated debt from time to time outstanding."
  • Trustee: The Bank of New York Mellon Trust Company, N.A. serves as trustee under the indenture dated November 1, 2024.

Apple's November 2026 Multi-Tranche Debt Issuance: Terms and Structure

Apple Inc. (NASDAQ:AAPL) disclosed in its November 9, 2026 Form 8-K that it completed the issuance and sale of seven series of notes on that date. The offering comprised two floating rate tranches and five fixed rate tranches, with maturities ranging from 2028 to 2036. The underwriting agreement was dated November 5, 2026, the date of the earliest event reported in the filing.

According to the filing, interest on the two floating rate note series will be paid quarterly in arrears on February 9, May 9, August 9, and November 9 of each year, beginning on February 9, 2027. Interest on each of the five fixed rate note series will be paid semi-annually in arrears on May 9 and November 9 of each year, beginning on May 9, 2027. All seven series mature on November 9 of their respective years.

The filing states the notes are being issued pursuant to Apple's Registration Statement on Form S-3 dated November 1, 2024 (Reg. No. 333-282937) and under an indenture of the same date with The Bank of New York Mellon Trust Company, N.A. as trustee, together with an officer's certificate dated November 9, 2026. The filing was signed by Kevan Parekh, Senior Vice President and Chief Financial Officer of Apple Inc. An opinion regarding the legality of the notes was filed as Exhibit 5.1 by Latham & Watkins LLP.

What Was Disclosed

Apple disclosed the consummation of a $7,500,000,000 seven-tranche debt offering on November 9, 2026, covering floating and fixed rate notes with maturities from 2028 to 2036, all ranking as senior unsecured obligations equal to Apple's other unsecured and unsubordinated debt.