Telia Company issues a bond of EUR 500 million
Telia Company today issued a bond of EUR 500 million in a 15-year deal maturing in February 2034 under its existing EUR 12 billion EMTN (Euro Medium Term Note) program. The Re-offer yield was set at 2.153 percent per annum equivalent to Mid-swaps +113 basis points.
“We are very pleased to have identified an opportunity to issue the first 15-year corporate transaction in the Euro Debt Capital market for the year. We could once again tap long dated duration at very attractive levels due to strong demand from high quality real money investors that paved the way to a very tight pricing. This fits well into our long-term funding strategy,” says Christian Luiga, Executive Vice President & Chief Financial Officer of Telia Company.
The Joint Bookrunners mandated by Telia Company for this transaction were Barclays, BNP Paribas, Bank of America Merrill Lynch and Natwest Markets.
For more information, please contact our press office +46 771 77 58 30, visit our Newsroom or follow us on Twitter @Teliacompany.
We’re Telia Company, the New Generation Telco. Our approximately 20,000 talented colleagues serve millions of customers every day in one of the world’s most connected regions. With a strong connectivity base, we’re the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 - on their terms. Headquartered in Stockholm, the heart of innovation and technology, we’re set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com
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