KPN successfully issues EUR 800 million senior bond
Group 1 - KPN has successfully issued a €800 million senior unsecured bond with a 3.375% coupon maturing on 17 February 2035 [1][2] - The proceeds from the bond issuance will be used for general corporate purposes, including refinancing existing debt [2] - The bonds are issued under KPN's Global Medium Term Note programme and will be listed on the regulated market of Euronext Dublin [2] Group 2 - KPN holds a credit rating of BBB with a stable outlook from both S&P and Fitch [2] - The bond placement was facilitated by Barclays, Deutsche Bank, Rabobank, Santander, and SEB acting as Joint Lead Managers [2] - The issuance increases the average maturity of KPN's outstanding bonds and has attracted a broad range of institutional investors [1]