Telia Company issues a bond of EUR 500 million

Telia Company has today issued a bond of EUR 500 million in a 9-year deal maturing in February 2032 under its existing EUR 12 billion EMTN (Euro Medium Term Note) program. The proceeds will partly be used to refinance senior debt.

The Re-offer yield of the bond was set at 3.799 percent per annum equivalent to Mid-swaps +73 basis points and a coupon of 3,625 percent.

Agneta Wallmark, Telia Company Vice President & Head of Group Treasury, says: “We are very pleased to have identified an opportunity to issue this 9-year transaction in the Euro Debt Capital market. We could once again tap the Eurobond market at attractive levels due to strong demand from high quality real money investors that paved the way to a tight pricing. This transaction fits well into our long-term funding strategy. The volatility in the financial markets during 2022 was challenging, hence we are very pleased to be able to take advantage of the constructive market situation that have occurred during the beginning of 2023”.

The Joint Bookrunners mandated by Telia Company for this transaction were BNP Paribas, Bank of America, Morgan Stanley and Goldman Sachs.

For more information, please contact Telia Company press office, +46 771 77 58 30, visit our Newsroom or follow us on Twitter @Teliacompany.

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