After shunning euros, Tele2 breaks krona unrated record
Tele2, the Swedish telecoms company, made its bond debut in Swedish kronor on Tuesday, selling what one of the lead managers said was by far the largest ever unrated bond in the currency. The Skr2.3bn (€258m) deal was big for the Swedish market and beat the issuer’s target of a "Swedish benchmark" size, which means at least Skr1bn.
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