Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders > News item |
Hellenic Telecommunications unit to issue 7¼% notes in exchange offer
By Susanna Moon
Chicago, Jan. 16 - Hellenic Telecommunications Organization SA said its subsidiary OTE plc plans to exchange €187 million of notes due August 2013 for an add-on issue of €187.7 million 7¼% notes due February 2015.
The new notes will be listed on the Luxembourg Stock Exchange and will be consolidated with the existing €600 million notes issued in February 2008 and due in February 2015 with the current coupon of 7¼%.
The repurchased notes due August 2013 will be canceled.
Hellenic is an Athens-based telecommunications company.
© 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.