The Business Times
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Apple raises A$2.25b in Aussie debt debut

The bond deal is the largest ever in Australia by a non-financial company

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Published Fri, Aug 21, 2015 · 09:50 PM

    Sydney

    APPLE Inc raised A$2.25 billion (S$2.3 billion) with a debut Australian debt sale that's the largest bond deal ever Down Under by a non-financial company.

    The iPhone maker sold A$1.15 billion of seven-year notes at a yield of 110 basis points more than swap rates and A$1.1 billion of four-year securities at a 65 basis point spread.

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