Iphone 5 refurbish or brand new?

I'm sending my iphone 5 in tomorrow. I still have warranty. They told me to go to ups and have them ship it. All free. Apple said they will send me a phone in 3 days. My question is will the phone be brand new or a refurbish one?

I would say brand spankin New!

They take yours fix it or use it for parts
And give it to the next
Youll receive a certified refurbished iphone 5