DT $14.6bn behemoth lifts market as strategy pays off

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DT $14.6bn behemoth lifts market as strategy pays off

June 30, 2000 12:00 AM

Deutsche Telekom almost doubled the size of its planned $8bn bond issue to $14.6bn this week, overcoming fears that the market would have difficulty absorbing such a volume and, by tightening in the aftermarket, raising hopes that the spread widening afflicting the telecoms sector could be capped.

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