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Telstra Corporation Limited ( (AU:TLS) ) has provided an update.
Telstra Group Limited announced the pricing of a €550 million bond issue under its Debt Issuance Program, with a maturity of 9.5 years. This strategic financial move is aimed at strengthening Telstra’s financial position and supporting its long-term growth objectives. The bond issue is not intended for retail investors in the European Economic Area or the United Kingdom, reflecting a targeted approach towards professional and institutional investors.
The most recent analyst rating on (AU:TLS) stock is a Hold with a A$5.50 price target. To see the full list of analyst forecasts on Telstra Corporation Limited stock, see the AU:TLS Stock Forecast page.
More about Telstra Corporation Limited
Telstra Corporation Limited is a leading telecommunications and technology company in Australia, offering a wide range of services including mobile, internet, and television services. The company focuses on providing innovative communication solutions to both individual and business customers, maintaining a strong market presence in the telecommunications industry.
Average Trading Volume: 22,505,762
Technical Sentiment Signal: Buy
Current Market Cap: A$55.58B
Learn more about TLS stock on TipRanks’ Stock Analysis page.