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British Telecom buys back £1 million of floating-rate notes due 2016
By Ashley Montgomery
Kansas City, Kan., Jan. 3 - British Telecommunications plc said it repurchased £1 million of its floating-rate notes due Dec. 7, 2016.
The repurchase was effective Dec. 22.
Following the transaction, the amount outstanding is £690 million.
The internet and phone services company is based in London.
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