OTE: Issuance of a bond loan of 350 million euros

The new bond loan was fully subscribed by Deutsche Telekom AG.

OTE: Issuance of a bond loan of 350 million euros

This article is an AI translation of an original piece published in Greek. Read original

Hellenic Telecommunications Organization S.A. (“OTE S.A.”), announces that it issued today a bond loan of €350 million maturing in September 2029.

The yield was set at 3.853% annually.

The new bond loan was fully subscribed by Deutsche Telekom AG.

The proceeds from the new bond loan will be used by the OTE Group to refinance part of the €500 million Bond maturing on 24 September 2026, which has been issued by OTE plc under the Medium Term Note Programme.

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