KPN issues EUR 750 million Eurobond

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Den Haag, 25-7-12



KPN has successfully issued a 8.5 year EUR 750 million Eurobond, maturing in February 2021 and with a coupon of 3.25%. 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 Baa2 with a negative outlook by Moody's and BBB with a stable outlook by S&P.

Bank of America Merrill Lynch, Rabobank and UniCredit have acted as joint book runners for this transaction (1).







1 Stabilisation: FSA/ICMA