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General

TDS raises USD 600 mln in depositary shares offering

Wednesday 11 August 2021 | 14:19 CET | News
US operator TDS has raised USD 600 million in an issue of 24 million depositary shares, each representing a 1/1,000th interest in its perpetual preferred stock. The underwriters have a 30-day option to purchase an additional 3.6 million depositary shares, and the securities will be traded on the New York Stock Exchange. 

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Categories: General
Companies: TDS Telecom
Countries: United States
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