Australian telco Telstra has priced €1bn in bonds, its third debt offering in the last year.
The notes mature on 15 September 2023 and carry a coupon of 2.5%, reported Reuters.
BNP Paribas, Deutsche Bank, JP Morgan, and Lloyds are the lead managers…
Australian telco Telstra has priced €1bn in bonds, its third debt offering in the last year.
The notes mature on 15 September 2023 and carry a coupon of 2.5%, reported Reuters.
BNP Paribas, Deutsche Bank, JP Morgan, and Lloyds are the lead managers on the offering, which has a reoffer yield of 2.598% and is priced at 80bp over the midswaps rate.
Last November Telstra issued a A$500m (US$521.2m) five year senior unsecured bond, arranged by Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac.
In March 2012 the telco priced €1bn worth of notes maturing in 2022, with Deutsche Bank, HSBC and JP Morgan lead managers on the deal.
Telstra recently acquired South Australian ISP Adam Internet, and was said to be considering a bid for Leighton Holdings’ telecoms assets including NextGen Networks, although this did not come to fruition.
