Brief: KPN To Issue EUR 500 Mln Perpetual Non-Call 5.25 Year Hybrid Bond
BRIEF-KPN To Issue EUR 500 Mln Perpetual Non-Call 5.25 Year Hybrid Bond Sept 1 (Reuters) - Koninklijke KPN NV KPN.AS:
ANNOUNCES INTENTION TO ISSUE EUR 500M PERPETUAL NON-CALL 5.25 YEAR HYBRID BOND
ANNOUNCES A DEBT TENDER OFFER TO REPURCHASE ANY AND ALL OF ITS EUR 500M PERPETUAL HYBRID CAPITAL SECURITIES WITH FIRST RESET DATE ON 21 DECEMBER 2027
HYBRID BOND EXPECTED TO BE TREATED 50% EQUITY, 50% DEBT BY S&P AND FITCH
Source text: ID:nGNEbnS8lq
Further company coverage: KPN.AS
(Gdansk Newsroom)
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