DJ Royal KPN N.V. Press Release: KPN issues - 600 million Eurobond
Royal KPN N.V.
Royal KPN N.V. Press Release: KPN issues &euro 600 million Eurobond
07-Sep-2020 / 17:45 CET/CEST
NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN
THE UNITED STATES OF AMERICA OR IN ANY OTHER JURISDICTION WHERE IT IS
UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT
Today, Koninklijke KPN N.V. ("KPN") has successfully issued a &euro 600
million Eurobond with a 0.875% coupon maturing on 14 December 2032. The bond
has been placed with a broad range of institutional investors.
The Eurobond is issued under KPN's Global Medium Term Note programme and
will be listed on Euronext Amsterdam. Proceeds will be used for general
corporate purposes, including refinancing of existing debt. The new bond
provides financing at an attractive rate and extends KPN's debt maturity
profile.
KPN has a credit rating of Baa3 with stable outlook by Moody's, BBB with
stable outlook by S&P and BBB with stable outlook by Fitch.
ABN AMRO, Deutsche Bank, J.P. Morgan, Rabobank and UniCredit Bank acted as
Joint Lead Managers on this transaction.
For more information:
KPN Royal Dutch Telecom
Investor Relations
Wilhelminakade 123
3072 AP Rotterdam
E-mail: ir@kpn.com
Disclaimer
These materials are not for release, distribution or publication, whether
directly or indirectly and whether in whole or in part, into or in the
United States, Australia, Canada or Japan or any (other) jurisdiction where
to do so would constitute a violation of the relevant laws of such
jurisdiction.
The bonds are not and will not be registered under the US Securities Act of
1933, as amended (the US Securities Act) and will also not be registered
with any authority competent with respect to securities in any state or
other jurisdiction of the United States of America. The bonds may not be
offered or sold in the United States of America without either registration
of the securities or an exemption from registration under the US Securities
Act being applicable.
Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service
1128405 07-Sep-2020
(END) Dow Jones Newswires
September 07, 2020 11:45 ET (15:45 GMT)
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