Incumbent Portugal Telecom (PT) has launched the issue of five and a half year notes with an expected 6.250% coupon, according to German website Fixed-Income.
The bookrunners on the euro benchmark bond, the size of which remained unreported, are BofA…
Incumbent Portugal Telecom (PT) has launched the issue of five and a half year notes with an expected 6.250% coupon, according to German website Fixed-Income.
The bookrunners on the euro benchmark bond, the size of which remained unreported, are BofA Merrill Lynch, Barclays, Banco Espirito Santo, Caixa Banco de Investimento, Citigroup, HSBC and Mizuho.
The notes mature in 2018 and are expected to close on 17 October.
PT is currently rated by Moody’s as Ba2.
