KPN buys back a further EUR201 million in bonds

14 Oct 2003

The Netherlands’ dominant telco KPN has confirmed that it redeemed an additional EUR201 million of bonds last week, bringing the total number of bonds bought back since the middle of last month to around EUR870 million. The buy-back is part of the company’s ongoing debt reduction and cash management strategy, and will feature further redemptions in the future.

Netherlands,

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