Thursday, June 14, 2007

BT Group Returns to Bond Market After 6 Years With 1.5 Billion-Pound Sale

(Bloomberg) -- BT Group Plc, the U.K.'s largest
phone company, sold the equivalent of 1.56 billion pounds ($3.07
billion) of bonds in pounds and euros, according to a banker
managing the sale who declined to be named.

The sale by London-based BT was in three parts and is the
company's first debt issue in more than six years, according to
data compiled by Bloomberg.


Read more at Bloomberg Bonds News

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