Tele2 issues dual tranche EUR bond
Stockholm – Tele2 AB (Tele2) (Nasdaq Stockholm: TEL2 A and TEL2 B) has successfully launched and priced a new €1bn dual tranche 5.5y / 9.5y inaugural EUR bond following a European road show.The bonds were issued with an annual coupon of 1.125 percent for the EUR 500 million May 2024 bond and an annual coupon of 2.125 percent for the EUR 500 million May 2028 bond. The securities were successfully placed with a broad range of institutional investors across Europe. Net proceeds will be used to finance the cash consideration of the completed merger with Com Hem, as well as to refinance