Ex-junker TDC concedes just 5bp on tight €500m 10yr

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Ex-junker TDC concedes just 5bp on tight €500m 10yr

Issue: 1243 - 24 February 2012

TDC, the Danish telecoms company, returned to the bond market on Thursday after a year’s absence with a €500m 10 year bond with an unusually tight new issue premium, a deal that was eagerly welcomed by investors and ensconced the company still more firmly as a solid investment grade borrower. ..

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