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Apple Extends Kangaroo Bond Curve to 10 Years With Second Foray

  • Raises A$1.425 billion in three-part Aussie dollar offering
  • Follows inaugural transaction by iPhone maker in August 2015

Apple Inc. extended its Kangaroo bond curve out to 10 years with its second trip to the Australian debt market.

The iPhone maker, which last year issued four-year and seven-year securities in its inaugural offering Down Under, on Friday sold A$1.425 billion ($1.04 billion) of notes across three different maturities, according to two people familiar with the matter who asked not to be identified because they’re not authorized to speak publicly. In addition to June 2026 bonds, the electronics firm also raised funds with notes maturing in June 2020 and January 2024, they said.