NetApp Inc, founded in 1992 and headquartered in Sunnyvale, California, specializes in data management and storage solutions. The company provides a range of products, including cloud data services, data protection, and storage solutions that empower organizations to accelerate their digital transformation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NTAP 1.88% 2025-06-22 USDNetapp Inc | United States | 2025-06-22 | 1.875 | 1.87 |
| NTAP 2.38% 2027-06-22 USDNetapp Inc | United States | 2027-06-22 | 2.375 | 4.11 |
| NTAP 2.70% 2030-06-22 USDNetapp Inc | United States | 2030-06-22 | 2.700 | 4.48 |
| NTAP 5.50% 2032-03-17 USDNetapp Inc | United States | 2032-03-17 | 5.500 | 4.70 |
| NTAP 5.70% 2035-03-17 USDNetapp Inc | United States | 2035-03-17 | 5.700 | 5.13 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
NetApp has been active in the bond market since 2000, issuing several significant debt instruments over the years. Notably, in 2019, the company issued $1 billion in bonds to finance strategic initiatives, with a 10-year maturity and a coupon rate competitive against the technology sector's average. As of October 2023, NetApp's bond yields remain attractive compared to industry peers, reflecting investor confidence in the company's financial stability and growth prospects.