German incumbent Deutsche Telekom has priced a five-year NKr1bn (US$170.73m) bond.
A company spokesperson confirmed the medium-term notes, launched under the issuer’s EMTN programme, mature on 22 May 2017 and carry a coupon of 3.625%. They are…
German incumbent Deutsche Telekom has priced a five-year NKr1bn (US$170.73m) bond.
A company spokesperson confirmed the medium-term notes, launched under the issuer’s EMTN programme, mature on 22 May 2017 and carry a coupon of 3.625%. They are priced at 99.663, equal to a spread of 65 basis points over five-year NKr mid-swaps.
The payment date is 22 May 2012.
Deutsche Bank is the lead manager for the transaction.
Moody’s has assigned the notes a Baa1 rating and S&P and Fitch have assigned them BBB+ ratings.
