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Apple (XETRA: APC) made the biggest single debt offering by a foreign issuer in Canadian dollars by selling seven-year bonds worth of C$2.5 billion ($1.96 billion) in this country, Bloomberg reported.

Apple sold the senior unsecured bonds priced to yield 81.4 basis points over the government benchmark with a 2.513 percent coupon.

According to identified Bloomberg’s sources familiar with the matter, the technology firm targeted a minimum size of C$1.5 billion at a spread of about 83 basis points, plus or minus 3 basis points.

This was the first bond sale for Apple in Canada and the largest so far deal in Canada’s Maple bond market.

“To be able to buy an issuer of this quality and a well-known entity in Canadian dollars is a very easy decision for most investors to make,” managing director and head of debt syndication at HSBC Bank Canada Bradley Meiers, said in an interview.

It was Apple’s sixth bond market offering this year alone. The company issued $18 billion in the U.S. in three different sales, sold $1 billion in Taiwan and offered euro-denominated notes.

As it was stated in the company’s earnings report Aug. 1 its revenue is expected to be $49 billion to $52 billion in the three months through September.

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