Danish TDC Plans EUR500 Million 10-Year Bond
02/23/2012| 04:29am US/Eastern
Danish telecommunications company TDC A.S. (TDC.KO) is planning a EUR500 million, 10-year bond, one of the banks running the deal said Thursday.
Deutsche Bank AG, Morgan Stanley, and JPMorgan Chase & Co., are the lead managers on the deal, which is expected to price later Thursday.
The issuer is rated Baa2 by Moody's Investors Service Inc., BBB by Standard and Poor's Corp., and BBB by Fitch Ratings.
-By Sarka Halas, Dow Jones Newswires, +44 (0) 207 842 9236;