Apple has raised $2 billion from its first-ever yen denominated bond.
Apple Inc priced its first ever yen-denominated bond on Thursday. The 250 billion yen ($2.01 billion) single tranche, five-year yen-denominated global SEC registered bond is offered at a coupon of 0.350 percent, according to the term sheet obtained by CNBC.
The five-year yield on Japanese Government bonds was quoted at 0.119 percent and on the U.S. Treasury equivalent at 1.689 percent at mid-afternoon Asian trading time.
This isn't Apple's first non-U.S. dollar bond, however. The tech giant issued in euros in 2014 and in Swiss France is February, according to a Wall Street Journal report.