France Telecom has closed a £250m bond issue maturing in 2050 with Barclays and Lloyds Bank Corporate Markets acting as bookrunners.
The bond bears an interest rate of 5.3% and the re-offer spread is 193 bp.
The company said that the entire bond,…
France Telecom has closed a £250m bond issue maturing in 2050 with Barclays and Lloyds Bank Corporate Markets acting as bookrunners.
The bond bears an interest rate of 5.3% and the re-offer spread is 193 bp.
The company said that the entire bond, which was structured as a tap to an existing bond, was swapped into euros at a rate of 4.76% per year.
