Thursday, May 2, 2013

Apple fees bank boon

Goldman Sachs pocketed $38.3 million and Deutsche Bank $9.3 million for underwriting Apple’s $17 billion bond offering, its first since the mid-1990s, according to the NY post..

In a Securities and Exchange Commission filing, the company said it paid the seven underwriters $53.3 million in fees.

Banks playing minor roles were Citigroup, JPMorgan and Merrill Lynch, which each made $1.3 million, and Barclays and Standard Chartered, which each took $798,750.

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