Telekom Austria: Bond Issue Completed

Businessn.a. ♦ Published: March 27, 2012; 17:49 ♦ (Vindobona)

The telecommunication company has successfully placed € 750m Eurobond with a coupon of 4.0% p.a. The order book´s volume surpassed the proceeds substantially.

Telekom Austria: Bond Issue Completed / Picture: © Vindobona.org

Today, the Telekom Austria Group announced that its finance subsidiary, Telekom Finanzmanagement GmbH has successfully launched benchmark bonds with a volume of € 750m on 26 March 2012.

The bonds have a maturity of 10 years, bear a coupon of 4.0% p.a. and have a minimum denomination of EUR 1,000 each. The issuer of the bonds is Telekom Finanzmanagement GmbH, guaranteed by…