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Vodafone sells 33-year sterling bond in wake of Brexit vote

Connectivity BusinessbyConnectivity Business
August 3, 2016
in Financing, Space Services
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Telecoms giant Vodafone has reportedly sold an £800m (US$1.05bn) bond due 2049, its longest sterling bond ever. The offering was oversubscribed with orders totalling £1.5bn (US$2bn), highlighting the appeal of plunging yields in the wake of the Brexit vote. BNP Paribas led the transaction, TelecomFinance has confirmed.  Telecoms giant Vodafone (LSE:VOD) has sold an £800m (US$1.05bn) bond due 2049, its longest sterling bond […]

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