Telstra Corporation Limited
(ASX:TLS) has announced it is raising one billion euros or $1.28 billion Australian dollars through a bond issue.
According to the telco, the bonds issue is part of its debt refinancing program.
The bonds will mature on September 15, 2023 and have a 2. 5 per cent coupon rate.
Telstra last reported $1.6 billion dollar net profit for the period to December 31.