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General

OTE secures lowest interest rate in a decade with new bond issue

Thursday 12 July 2018 | 10:55 CET | News
Greek operator OTE has completed the issue of a new EUR 400 million bond. The four-year debt carries a coupon of 2.375 percent a year, the lowest bond rate the company has paid in a decade. The issue was 5x oversubscribed, OTE said. 

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Categories: General
Companies: OTE
Countries: Greece
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