OTE
Deutsche Telekom has covered a €40 million bond issue
On June 24, OTE plc, a subsidiary of the Hellenic Telecommunications Organization of Greece S.A., issued a €40 million bond maturing in October 2024.
OTE plc today issued a €40 million bond, as the Hellenic Telecommunications Organization of Greece informs.
In particular, as stated in the announcement of the OTE, a €40 million bond was issued, maturing in October 2024. The yield was set at 3.997% per year. Deutsche Telekom AG fully underwrote the new bond.
The proceeds from the new bond will be used to cover the general operating needs of the OTE Group.
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