France Telecom plans to launch a new bond issue to finance the buyback of E1bn worth of bonds, according to Reuters.
The bond buyback involves a portion of three seperate issues amounting to E5.475bn in total and maturing in 2012 and 2013.
The operator’s…
France Telecom plans to launch a new bond issue to finance the buyback of E1bn worth of bonds, according to Reuters.
The bond buyback involves a portion of three seperate issues amounting to E5.475bn in total and maturing in 2012 and 2013.
The operator’s net debt stood at E29.9bn at the end of June.
France Telecom was not immediately available for comments.
