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General

Portugal Telecom raises EUR 1 bln in seven-year debt issue

Tuesday 30 April 2013 | 15:17 CET | News
Portugal Telecom announced that it has successfully completed the issue of a EUR 1 billion bond with a maturity of seven years. The issue was priced at 4.625 percent. PT said the transaction further enhances its financial flexibility by extending debt maturities and reducing financial risks. PT has a rating of Ba2/negative by Moody's, BB/negative by S&P and BBB/negative by Fitch.

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Categories: General
Companies: Portugal Telecom
Countries: Portugal
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