IBM to Raise C$2.75 Billion in First Canada Bond Sale Since 2012
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International Business Machines Corp. is selling C$2.75 billion ($1.97 billion) of Canadian corporate bonds. This marks IBM's first bond sale in Canada since 2012, contributing to a record year of issuance in the currency by foreign firms.
The move reflects the growing interest and activity in the Canadian bond market, particularly among international corporations seeking to diversify their funding sources.
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“International Business Machines Corp.”
Bloomberg — IBM to Raise C$2.75 Billion in First Canada Bond Sale Since 2012