|TEV||1,339,870||TEV/EBIT||18||TTM 2019-12-28, in MM, except price, ratios|
|8-K||2020-08-13||Other Events, Exhibits|
|8-K||2020-08-03||Amend Bylaw, Exhibits|
|Item 8.01 Other Events.|
|Item 9.01 Financial Statements and Exhibits.|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d)
of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction
(Address of principal executive offices) (Zip Code)
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading symbol(s)||Name of each exchange on which registered|
Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
|Item 8.01|| |
On August 20, 2020, Apple Inc. (“Apple”) consummated the issuance and sale of $1,250,000,000 aggregate principal amount of its 0.550% Notes due 2025 (the “2025 Notes”), $1,250,000,000 aggregate principal amount of its 1.250% Notes due 2030 (the “2030 Notes”), $1,250,000,000 aggregate principal amount of its 2.400% Notes due 2050 (the “2050 Notes”) and $1,750,000,000 aggregate principal amount of its 2.550% Notes due 2060 (the “2060 Notes” and, together with the 2025 Notes, the 2030 Notes and the 2050 Notes, the “Notes”), pursuant to an underwriting agreement (the “Underwriting Agreement”) dated August 13, 2020 among Apple and Goldman Sachs & Co. LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein.
The Notes are being issued pursuant to an indenture, dated as of November 5, 2018 (the “Indenture”), between Apple and The Bank of New York Mellon Trust Company, N.A., as trustee, together with the officer’s certificate, dated August 20, 2020 (the “Officer’s Certificate”), issued pursuant to the Indenture establishing the terms of each series of Notes.
The Notes are being issued pursuant to Apple’s Registration Statement on Form S-3 filed with the Securities and Exchange Commission on November 5, 2018 (Reg. No. 333-228159) (the “Registration Statement”).
Interest on the Notes will be paid semi-annually in arrears on August 20 and February 20 of each year, beginning on February 20, 2021.
The 2025 Notes will mature on August 20, 2025. The 2030 Notes will mature on August 20, 2030. The 2050 Notes will mature on August 20, 2050. The 2060 Notes will mature on August 20, 2060.
The Notes will be Apple’s senior unsecured obligations and will rank equally with Apple’s other unsecured and unsubordinated debt from time to time outstanding.
The foregoing description of the Notes and related agreements is qualified in its entirety by the terms of the Underwriting Agreement, the Indenture and the Officer’s Certificate (including the forms of the Notes). Apple is furnishing the Underwriting Agreement and the Officer’s Certificate (including the forms of the Notes) attached hereto as Exhibits 1.1 and 4.1 through 4.5, respectively, and they are incorporated herein by reference. The Indenture is filed as Exhibit 4.1 to the Registration Statement. An opinion regarding the legality of the Notes is filed as Exhibit 5.1, and is incorporated by reference into the Registration Statement; and a consent relating to the incorporation of such opinion is incorporated by reference into the Registration Statement and is filed as Exhibit 23.1 by reference to its inclusion within Exhibit 5.1.
|Item 9.01|| |
Financial Statements and Exhibits.
|1.1||Underwriting Agreement, dated August 13, 2020, among Apple Inc. and Goldman Sachs & Co. LLC, Barclays Capital Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters named therein|
|4.1||Officer’s Certificate of Apple Inc., dated August 20, 2020|
|4.2||Form of Global Note representing the 2025 Notes (included in Exhibit 4.1)|
|4.3||Form of Global Note representing the 2030 Notes (included in Exhibit 4.1)|
|4.4||Form of Global Note representing the 2050 Notes (included in Exhibit 4.1)|
|4.5||Form of Global Note representing the 2060 Notes (included in Exhibit 4.1)|
|5.1||Opinion of Latham & Watkins LLP|
|23.1||Consent of Latham & Watkins LLP (included in the opinion filed as Exhibit 5.1)|
|104||Inline XBRL for the cover page of this Current Report on Form 8-K.|
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|Date: August 20, 2020||Apple Inc.|
|Senior Vice President,|
Chief Financial Officer