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Apple poised to join busy Aussie bond market

Published Wed, Aug 19, 2015 · 09:50 PM

Sydney

APPLE Inc is ready to join a swathe of domestic and offshore companies fuelling Australia's busiest corporate bond market in three years.

Non-financial issuers including miner BHP Billiton Ltd and supermarket owner Wesfarmers Ltd have sold A$6.6 billion (S$6.8 billion) of bonds in Australia so far this year - the most for any comparable period since 2012, according to data compiled by Bloomberg. Brewing giant SABMiller Plc raised A$700 million with its debut sale last month and iPhone maker Apple has been talking with investors this week.

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