IFLR1000

Proximus €1.45 billion bond buyback

22/9/2015
Bond/note buyback
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€ 1.45 billion

$ 1.514 billion

Completed

22/9/2015

Overview:

  • Belgian telecommunications company Proximus has offered €1.45 billion to purchase outstanding bonds.
  • The notes include 4.375% fixed rate notes due November, 2016 and 3.875% notes due February, 2018.
  • BNP Paribas and ING Bank acted as dealers.

Kurt Stumpo - Journalist

Jurisdiction:

Belgium

Deal type:

Bond/note buyback

Practice area:

Capital markets : Debt

Governing law:

England and Wales

Industry sector:

Technology and telecommunications

Firms:
A&O Shearman

Party: ING Bank (Dealer)

Party: BNP Paribas (Dealer)

Lawyers: Stephen Miller (retired), Sylvia Kierszenbaum

Stibbe

Party: Proximus (Acquirer)

Lawyer: Wouter Ghijsels

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