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Apple sells 30-year bond in Taiwan at 4.15% yield: sources

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Apple Inc sold a 30-year US dollar bond in Taiwan at a yield of 4.15 per cent, sources said on Tuesday, aiming to raise between US$1 billion and US$1.2 billion in the first issue of debt by the US technology giant on the island that is home to major players in its supply chain.

[TAIPEI] Apple Inc sold a 30-year US dollar bond in Taiwan at a yield of 4.15 per cent, sources said on Tuesday, aiming to raise between US$1 billion and US$1.2 billion in the first issue of debt by the US technology giant on the island that is home to major players in its supply chain.

The yield compares with a range between 4.2 per cent to 4.3 per cent ahead of its pricing, people familiar with the deal earlier told Reuters. The total amount raised had not yet been finalised, the people said.

The bond is callable after the second year, the people said, speaking on condition of anonymity because the matter was confidential.

Apple could not be reached immediately for comment.

REUTERS

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