Vodafone has sold €331m (US$413m) of 2.75% notes under its €30bn euro medium term note programme.
The British telco’s board approved the financing at the end of July and the bond is due in December 2034.
It is Vodafone’s first debt issue since…
Vodafone has sold €331m (US$413m) of 2.75% notes under its €30bn euro medium term note programme.
The British telco’s board approved the financing at the end of July and the bond is due in December 2034.
It is Vodafone’s first debt issue since September when it placed €2.75bn (US$3.55bn) of notes onto the market in two separate tranches.
The group has been acquisitive so far this year, most recently in Greece. Last week it closed its deal to take control of broadband operator Hellas Online for €73m.
Today, Vodafone has been linked to a move for European cable group Liberty Global and Blinkbox, a video streaming service owned by UK supermarket giant Tesco.
Vodafone’s market capitalisation is in the region of £60.3bn (US$94.7bn) and it disclosed net debt of £21.8bn (US$34.2bn) at the end of Q3.
