TeliaSonera phones home for 10yr kronor, finds keen bid

By Craig McGlashan
01 Nov 2013

TeliaSonera returned to the Swedish krona bond market after an absence of nearly two years this week, prompting a flurry of reverse enquiries that helped the issuer bank Skr1.05bn ($165m) this week.

The Swedish telecoms firm — rated A3/A- with stable outlooks — had been hunting long term financing in its home currency, EuroWeek understands.

However, Swedish krona investors typically buy short-dated paper, said dealers. But the issuer bucked that pattern to find healthy demand. TeliaSonera last sold a bond in its ...

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