Germany : DEUTSCHE TELEKOM announces prices for its EUR 2 billion bond [TendersInfo (India)]
(TendersInfo (India) Via Acquire Media NewsEdge) The German telecom giant Deutsche Telekom has made an announcement to reveal the price of its EUR 2 billion bond, which have been presented in two tranches.
The new bond s one tranche will have an 8-year note of EUR 1.25 billion principal sum, while the 15-year note will be EUR 750 million. The Deutsche Telekom s bond offer has created huge amount of interests among investors while the orderbook has reached almost EUR 3.6 billion.
The bond will be released by the subsidiary Deutsche Telekom International Finance. The bonds have been issued in two tranches.
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