The US Securities and Exchange Commission recently published Apple’s official European debt filing. For those of you who didn’t know, the debt filing is looking to take advantage of the low European interest rates to raise $3.5 billion, or 2.8 billion euros. Apple’s first non-dollar bonds which are split between 8-year bonds and 12-year bonds both begin to accrue interest starting today with annual payments to occur on November 10 starting next year.

This means that the 8-year bond’s principal payment date is set for November 10, 2022 and the 12-year bond’s principal payment date is set for November 10, 2026. Last week’s conference call with investors revealed that Apple yields roughly 1.082% for 8-year bonds and 1.671% for 12-year bonds which are some of the lowest rates in history.

Goldman Sachs & Co. is listed as representative for six other underwriters in the prospectus while accounting for the highest volume of securities that could be purchased at 700 million euros for each set of notes. Deutsche Bank AG’s London office is set to handle 350 million euros for both 2022 and 2026 notes while players including Barclays Bank, JP Morgan Chase, Merrill Lynch (among others) will account for the rest.

Source: SEC Filings via AppleInsider