• $0.75B of 1.5-year notes at a floating rate • $0.75B of 2-year notes at a floating rate • $0.75B of 3-year notes at a floating rate • $1.75B of 2-year notes @2.15% • $3.0B of 3-year notes @2.30% • $3.75B of 5-year notes @2.60% • $4.0B of 7-year notes @2.95% • $5.5B of 10-year notes @3.20% • $4.0B of 20-year notes @4.05% • $5.75B of 30-year notes @4.25%
This is the fourth-largest investment-grade corporate offering of all time.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”