Apple hires banks for potential Kangaroo bonds
By John Weavers
SYDNEY, June 1 (IFR) - Apple Inc, rated Aa1/AA+ (Moody's/S&P), has mandated Deutsche Bank, Goldman Sachs and ANZ for a potential issue of Kangaroo bonds under the computer giant's Australian dollar debt issuance programme.
The official announcement of the Kangaroo mandate coincides with a Reuters report that Apple plans to sell US$1bn of 30-year Formosa bonds in Taiwan.
Apple made its debut in the Kangaroo market last August with a record-busting A$2.25 billion ($1.6 billion) three-tranche sale with Deutsche Bank, Goldman Sachs and CBA as arrangers.
(Reporting By John Weavers; editing by Dharsan Singh and Daniel Stanton)
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