Telia Company has issued a bond of €500 million in a nine-year deal maturing in February 2032 under its existing €12 billion Euro Medium Term Note (EMTN) programme.
Commenting on the issue, Agneta Wallmark, Telia Company VP & head of group treasury, said: “We are very pleased to have identified an opportunity to issue this nine-year transaction in the Euro Debt Capital market. We could once again tap the Eurobond market at attractive levels due to strong demand from high quality real money investors that paved the way to a tight pricing. This transaction fits well into our long-term funding strategy. The volatility in the financial markets during 2022 was challenging, hence we are very pleased to be able to take advantage of the constructive market situation that have occurred during the beginning of 2023”.
The joint bookrunners mandated by Telia Company for the transaction were BNP Paribas, Bank of America, Morgan Stanley and Goldman Sachs.