E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 10/17/2011 in the Prospect News Liability Management Daily.

British Telecom buys back £1 million of its 8.5% bonds due 2016

By Ashley Montgomery

Kansas City, Kan., Oct 17 - British Telecommunications plc announced the early repurchase of £1 million of its 8.5% bonds due Dec. 7, 2016.

The amount outstanding following the transaction is £693 million, according to a company announcement.

BT is a subsidiary of BT Group plc, a London-based provider of communications solutions and services operating in 170 countries.


© 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.