Reuters logo
New Issue- KPN prices dual tranche deal
March 7, 2013 / 5:11 PM / 5 years ago

New Issue- KPN prices dual tranche deal

March 7(Reuters) -Following are terms and conditions

of a dual tranche deal priced on Thursday.

Borrower Koninklijke KPN N.V.

(KPN)

* * * *

Tranche 1

Issue Amount 1.1 billion euro

Maturity Date Perpetual bond

Coupon 6.125 pct

Reoffer price 99.478

Spread 520.2 basis points

Underlying govt bond Over Mid-swaps

ISIN XS0903872355

* * * *

Tranche 2

Issue Amount 400 million sterling

Maturity Date March 14, 2073

Coupon 6.875 pct pct

Reoffer price 99.326

Spread 550.5 basis points

Underlying govt bond Over Mid-swaps

ISIN XS0903872603

* * * *

Common terms

Payment Date March 14, 2013

Lead Manager(s) Deutsche Bank, Goldman Sachs International,

JPMorgan, BNP paribas, RBS, Barclays & Societe Generale

Ratings Ba1 (Moody‘s)

Listing NYSE Euronext Amsterdam

Full fees Undisclosed

Denoms (K) 100-1

Governing Law English

Security details and RIC, when available, will be

on

Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on

For all bonds data, double click on

For Top international bonds news

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

Data supplied by International Insider.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below