KPN issues 10 year EUR 750 million Eurobond

Share KPN


> read more

Downloads

Den Haag, 22-2-12



KPN has successfully launched a EUR 750 million Eurobond with a maturity of 10 years and a coupon of 4.25%. 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.