By Mary-Katherine Stinson
Lexington, Ky., June 22 – OTE plc issued an €80 million bond due October 2023 at a yield of 3.701%, according to a company announcement.
The bond, issued under OTE’s global medium-term note program, is guaranteed by Hellenic Telecommunications Organization SA.
It was fully subscribed by Deutsche Telekom AG.
Proceeds will be used for refinancing part of OTE’s €150 million bond that matured on June 8.
The telecommunications company is based in Greece.
| Issuer: | OTE plc
|
| Guarantor: | Hellenic Telecommunications Organization SA
|
| Securities: | Bond
|
| Amount: | €80 million
|
| Maturity: | October 2023
|
| Yield: | 3.701%
|
| Settlement date: | June 20
|
|
|
© 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.
