Apple plans to sell C$2.5 billion in bonds in Canada: IFR

Reuters News
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Posted: Aug 15, 2017 1:59 PM

TORONTO (Reuters) - Apple Inc plans to sell C$2.5 billion ($1.96 billion) in bonds in a Canadian dollar-denominated issue, which would be a record amount for a foreign issuer in Maple bond market, Thomson Reuters IFR reported on Tuesday.

The deal will be priced on Tuesday afternoon at a spread of 80 basis points over the curve, IFR said.

An Apple spokesman declined to comment on the size or price of the deal.

(Reporting by Fergal Smith)