By Sarah Lizee
Olympia, Wash., June 19 – Hellenic Telecommunications Organization SA announced that subsidiary OTE plc issued €150 million of 0.96% notes due Dec. 10, 2020 and €200 million 0.977% notes due June 10, 2021.
The new notes were fully subscribed by Deutsche Telekom AG.
The notes are guaranteed by Hellenic Telecommunications and issued under the existing global medium-term note program.
The proceeds of the new notes will be used for the partial refinancing of the €628 million notes maturing in July issued by OTE.
The telecommunications company is based in Athens.
| Issuer: | OTE plc
|
| Guarantor: | Hellenic Telecommunications Organization SA
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| Issue: | Notes
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| Settlement date: | June 19
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|
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| 0.96% notes
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| Amount: | €150 million
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| Maturity: | Dec. 10, 2020
|
| Coupon: | 0.96%
|
|
|
| 0.977% notes
|
| Amount: | €200 million
|
| Maturity: | June 10, 2021
|
| Coupon: | 0.977%
|
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