Another Well To Watch -- February 9, 2015

Permitted today:

• 30685, loc, Petro-Hunt, USA 153-95-9C-4-3C, Charlson, 

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Tale Of Two Companies

Link:
The company had issued the securities in as many as five parts with the maturity period ranging from 5 years to 30 years. The 5-year $1.25 billion worth of bonds came with a yield of 1.55% while the $2 billion worth 30-year bonds had a yield of 3.4%. According to reports from Bloomberg, the yields were higher than the comparable Treasuries.

Link:
The world’s largest software maker sold notes in six parts, including $2.25 billion of 40-year obligations with a 4 percent coupon, according to data compiled by Bloomberg. Those bonds sold at a yield of 153 basis points more than 30-year Treasuries. The company increased its sale by 54 percent after marketing $7 billion of debt earlier in the day.

So, this year, on a annualized basis, Apple will pay out 0.034 on $2 billion = $68,0000,000.
Microsoft will pay 0.04 on $2.25 billion =  $90,000,000.

I guess.