OTE lines up three tranche bond
After the emergency 75bp US rate cut yesterday (Tuesday), the European corporate bond market appears better positioned for new issuance. Greek telecom company OTE is finishing a roadshow and is understood to be working on a deal with three, seven and 10 year tranches. Read EuroWeek on Friday to find out if the Fed’s move helped the market and if OTE successfully launched its long awaited deal.
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