Apple Said to Weigh Aussie Bond Return as Coca-Cola Makes Debut
- IPhone Maker considers second foray after record deal in 2015
- Coca-Cola sale is 2016’s biggest from a non-financial company
This article is for subscribers only.
Apple Inc. is said to be considering a return to Australian bonds following its record offering last year, taking advantage of a market that on Wednesday welcomed a A$1 billion ($726 million) debut transaction from drinks producer Coca-Cola Co.
The iPhone maker has hired Australia & New Zealand Banking Group Ltd., Deutsche Bank AG and Goldman Sachs Group Inc. for a potential deal in the Australian currency, according to two people familiar with the matter who asked not to be identified because they’re not authorized to speak publicly. It would be launched in the near future, subject to market conditions, they said.