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KPN plans bond offering for refinancing

Connectivity BusinessbyConnectivity Business
August 30, 2016
in Financing, Space Services
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Dutch incumbent KPN is looking to issue a dual-tranche eurobond under its global medium-term note programme to repurchase existing eurobonds through a tender offer and for general corporate purposes. The telco, in which Carlos Slim’s América Móvil has a 21% stake, said it is targeting a maximum tender of €750m (US$836m) across seven series of senior secured bonds maturing between 2017 and 2024. Dutch incumbent KPN […]

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