KPN issues 10 year EUR 500 million Eurobond

Share KPN


> read more

Downloads

Den Haag, 8-9-11



KPN has successfully launched a EUR 500 million benchmark Eurobond with a maturity of 10 years and a coupon of 4.5%. 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 stable outlook by S&P and Baa2 with stable outlook by Moody's.

ABN AMRO, BofA Merrill Lynch and The Royal Bank of Scotland have acted as joint book runners for this transaction