Royal Dutch Shell Plc, Europe's largest oil producer, raised $1.75 billion as it led corporate bond sales of at least $11.4 billion in the U.S.
Shell issued $750 million of 0.625 percent, three-year securities today to yield 30 basis points more than similar-maturity Treasuries and $1 billion of 2.25 percent, 10-year bonds at a relative yield of 75 basis points, according to data compiled by Bloomberg.
The company previously offered debt in August, issuing $2.5 billion in three parts, including $1 billion of 2.375 percent, 10-year debentures at a spread of 70 basis points, Bloomberg data show. The bonds traded at 101.1 cents on the dollar to yield 61 basis points more than Treasuries yesterday, according to Trace, the bond-price reporting system of the Financial Industry Regulatory Authority.
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