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KPN Successfully Issues €800 Million Senior Bond to Strengthen Financial Position

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KPN Successfully Issues €800 Million Senior Bond to Strengthen Financial Position

Confident Investing Starts Here:

An announcement from Royal KPN NV ( (GB:0O8F) ) is now available.

KPN has successfully issued a €800 million senior unsecured bond with a 3.375% coupon, maturing in February 2035, under its Global Medium Term Note program. The bond issuance, managed by Barclays, Deutsche Bank, Rabobank, Santander, and SEB, is aimed at refinancing existing debt and general corporate purposes, enhancing the company’s financial stability and market positioning with a stable credit rating of BBB by both S&P and Fitch.

More about Royal KPN NV

Royal KPN N.V. is a telecommunications company that offers a range of services, including fixed and mobile telephony, internet, and television in the Netherlands. It focuses on both consumer and business markets, providing services such as broadband internet and wireless communications.

YTD Price Performance: 1.23%

Average Trading Volume: 2,099,042

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €13.72B

For a thorough assessment of 0O8F stock, go to TipRanks’ Stock Analysis page.

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