Telenor exchange concludes successfully with €600m 12 year bond

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Telenor exchange concludes successfully with €600m 12 year bond

Telenor, the Norwegian telecoms company, this week confirmed the return of the traditional pattern for corporate bond exchange transactions, in which the new bond is issued once the results of the buyback are known. In a successful exercise that achieved a 48% hit rate on the buyback, Telenor raised €600m of new 12 year money.

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