Czech Republic’s Cetin to issue euro-, koruna-denominated notes due in one, five, seven years

By Christine Van Dusen

Atlanta, Nov. 29 – Czech Republic-based Ceska telekomunikacni infrastruktura as is planning a three-tranche offering of euro- and koruna-denominated notes due in one, five and seven years, according to a company announcement.

The notes will be issued via Cetin Finance BV.

The five-year notes will be denominated in euros, and the one- and seven-year notes will be denominated in korunas. Each tranche will be benchmark-sized.

BNP Paribas, Citigroup, HSBC, ING and Societe Generale are the bookrunners for the euro notes. HSBC and PPF Banka are leading the koruna transactions.

The telecommunications company is based in Prague.

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