TDC €750 million issue of 3.5% callable subordinated capital securities

Overview:

• TDC, a Danish telecoms company, has issued €750 million of callable subordinated capital securities on the Irish Stock Exchange.
• February 21, 2021 will be the first par call date. 
• Some of the funds raised from this issue will be used to repay a $1.6 billion credit facility from TDC's acquisition of Get, a Norwegian cable provider.  

Rani Mehta - Journalist