Telstra to tour Europe after broadband reform deal
Telstra, the Australian telecoms incumbent, has hired BNP Paribas, Credit Suisse, Deutsche Bank and HSBC to arrange a roadshow with bond investors in Europe from October 31. The company wants to update investors on its credit after shareholders approved a radical restructuring plan.
Its a very good thing, said a banker familiar with the situation. They havent been to Europe for a while, and they want to present their strategy and update bondholders. They will consider a transaction in the next 12 months.
Telstra is not thought to be aiming specifically to
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