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Published on 11/16/2010 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

France Telecom starts tender offer for €1 billion of 2012, 2013 bonds

By Marisa Wong

Madison, Wis., Nov. 16 - France Telecom announced on Nov. 10 that it began a tender offer to purchase up to €1 billion of its outstanding 2012 and 2013 bonds, according to a news release on Tuesday.

Following its announcement of the tender offer, the company issued a £250 million 5.375% 40-year bond.

France Telecom is a Paris-based telecommunications operator.


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