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BRIEF-TDC announces tender offer to purchase notes for cash
December 8, 2016 / 9:43 AM / a year ago

BRIEF-TDC announces tender offer to purchase notes for cash

Dec 8 (Reuters) - Tdc A/S :

* Announces tender offer to purchase notes for cash

* Launched invitations to holders of its outstanding 800 million euro ($863.4 million) 4.375 percent notes due 2018 and 550 million pound ($697.8 million) 5.625 percent notes due 2023

* Expects to accept tenders of notes for aggregate nominal amount of up to 350 million euros

* Purpose of offers is to reduce its gross debt

Source text for Eikon:

Further company coverage: ($1 = 0.9266 euros) ($1 = 0.7881 pounds) (Gdynia Newsroom)

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