Vodafone takes €1.5bn of short term CP, defying trend to longer tenors

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Vodafone takes €1.5bn of short term CP, defying trend to longer tenors

Vodafone raised €1.5bn in the Euro-commercial paper market today, selling a series of clips that almost doubled its total issuance volume for the year. The debt’s short-dated tenors flew in the face of the market’s recent lurch towards longer term paper.

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