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KPN Issues 10 Year EUR 750 Million Eurobond - KPN has successfully launched a EUR 750 million Eurobond with a maturity of 10 years and a coupon of 4.25% - KPN.com
KPN Issues 10 Year EUR 750 Million Eurobond

 

NewswireToday - /newswire/ - The Hague, Netherlands, 2012/02/22 - KPN has successfully launched a EUR 750 million Eurobond with a maturity of 10 years and a coupon of 4.25% - KPN.com.

   
 
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The bond has been placed with a broad range of institutional investors.

The bond has been issued under KPN’s Global Medium Term Note programme and will be listed on NYSE Euronext in Amsterdam. The proceeds of this bond will be used for general corporate purposes. With this bond KPN extends its maturity profile.

KPN has a credit rating of BBB with a stable outlook by S&P and Baa2 with a negative outlook by Moody's.

Citigroup, ING, Société Générale and UBS have acted as joint book runners for this transaction.

About KPN

KPN (kpn.com) is the leading telecommunications and IT service provider in The Netherlands, offering wireline and wireless telephony, internet and TV to consumers. KPN offers business customers complete telecommunications and IT solutions. KPN Corporate Market (previously known as Getronics) offers global IT services and is the Benelux market leader in the area of infrastructure and network related IT solutions. In Germany and Belgium, KPN pursues a multi-brand strategy in its mobile operations and holds number three market positions through E-Plus and BASE. KPN provides wholesale network services to third parties and operates an efficiënt IP-based infrastructure with global scale in international wholesale through iBasis.

 
 
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Written by / Agency / Source: KPN N.V.

 
 

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KPN Issues 10 Year EUR 750 Million Eurobond

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KPN N.V. |
Publisher Contact: KPN Media Relations - KPN.com 
+31 70 446 63 00 press[.]kpn.com
 
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