Telstra’s billion euro bond issue

Company News


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.

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