Avon may be emerging from economic malaise, but the world’s largest door-to-door cosmetics seller is taking on debt to do it. The company raised $1.5 billion in a four-part bond sale that included its first 30-year securities on record. The new bonds were rated BBB- by Standard & Poor’s. Avon sold equal $250 million portions of 6.95% debt due 2043 that yield 375 basis points more than similar-maturity Treasuries and 2.375%, three-year debentures that pay 200 basis points more t...