| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item |
Vodafone considers running tender offer for capital securities
Chicago, May 24 – Vodafone Group plc noted that it may run a tender offer for two capital securities, according to information from a market source.
The company priced new deeply subordinated hybrid notes on Wednesday and listed a tender offer as a possible use of proceeds.
The company would be taking aim at the €2 billion 3.1% capital securities with a first call date on Oct. 3, 2023 and the $1.3 billion 6¼% capital securities with a first call date on July 3, 2024.
The company priced a dual-currency €750 million and £500 million offering on Wednesday as a high-yield subordinated deal even though the issuer is rated investment-grade.
The telecommunications company is based in London.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.