Cautious KPN borrows early, raising €750m after S&P cut

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Cautious KPN borrows early, raising €750m after S&P cut

Issue: 1243 - 24 February 2012

Keywords: KPN, Investor AB

Koninklijke KPN, the Dutch telecom company, returned to the European bond market on Wednesday, the day after a downgrade by Standard & Poor’s, and seemed to suffer no ill effects, achieving a well oversubscribed deal of €750m, the most it wanted. ..

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