In a day that saw a number of telcos tapping the bond market, German cableco Unitymedia has joined other European players such as Telefonica and France Telecom. The German cableco is planning to raise €650m, up from an initial €400m.
Morgan Stanley…
In a day that saw a number of telcos tapping the bond market, German cableco Unitymedia has joined other European players such as Telefonica and France Telecom. The German cableco is planning to raise €650m, up from an initial €400m.
Morgan Stanley is the lead manager of the 10-year notes, which are set to yield roughly 5.625%.
