Apple prints A$1.425 billion in its second-ever Kangaroo deal

Apple (AA+/Aa1) priced A$1.425 billion (US$1.03 billion) in its second-ever Kangaroo transaction on June 3. Initial price guidance for the four-, seven- and 10-year tranches was in the area of 85, 125 and 135 basis points over swap, respectively.