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Apple plans to sell C$2.5 bln in bonds in Canada-IFR
August 15, 2017 / 5:55 PM / 2 months ago

Apple plans to sell C$2.5 bln in bonds in Canada-IFR

TORONTO, Aug 15 (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. ($1 = 1.2756 Canadian dollars) (Reporting by Fergal Smith)

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