Telstra Group Prices 2 Billion Norwegian Kroner Bond Issue
MT Newswires Live10:12
Telstra Group (ASX:TLS) priced a 2 billion Norwegian kroner bond issue under its debt issuance program offering circular dated Aug. 18, according to a Thursday filing with the Australian bourse.
The notes have a 12-year maturity and are expected to be issued on Aug. 26, the filing said.
Proceeds will be used for general corporate purposes, per the filing.
The company's shares were down nearly 1% in recent Thursday trade.
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