Customers enter the Apple store on 5th Avenue beneath an Apple logo in the Manhattan borough of New York City, July 21, 2015. REUTERS/Mike Segar
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Apple Inc. raised AU$2.25 billion ($1.6 billion) with a debut Australian debt sale that's the largest bond deal ever Down Under by a nonfinancial company.The iPhone-maker sold AU$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.The deal from Apple eclipses the AU$1 billion transaction from BHP Billiton Ltd. in March that had been this year's largest nonfinancial company bond sale, according to data compiled by Bloomberg.Apple carries the second-highest credit ratings at both Standard & Poor's and Moody's Investors Service.
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