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€ 2.5bn Bond Issue at Telekom Austria

Published: March 26, 2012; 18:38 · (Vindobona)

The subsidiary Telekom Finanzmanagement GmbH Plans to Issue a Benchmark-Sized Eurobond Transaction.

€ 2.5bn Bond Issue at Telekom Austria / Picture: © Telekom Austria Group

Today, the Telekom Austria Group announces that its finance subsidiary, Telekom Finanzmanagement GmbH (the "Issuer"), plans to issue a benchmark-sized senior unsecured Eurobond (the "Notes"), subject to market conditions. The Notes will be guaranteed by Telekom Austria AG. Telekom Austria is selling € 750m ($ 1bn) of 10-year bonds, according to a banker with knowledge of the deal. The…

This article includes a total of 207 words.

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