Vodafone Completes Funding for Liberty Deal With $2 Billion Offering
04 Abril 2019 - 11:56AM
Noticias Dow Jones
By Adria Calatayud
Vodafone Group PLC (VOD.LN) said Thursday that it has closed a
$2 billion hybrid securities offering that concludes funding
requirements for the acquisition of Liberty Global PLC's (LBTYA)
assets in central and eastern Europe.
The U.K. telecommunications giant said the securities are due on
April 4, 2079 and will be listed on the New York Stock
Exchange.
Having raised a total of 20 billion euros ($22.47 billion),
Vodafone said it has secured the funding it needed for the
acquisition of Liberty assets in Germany, the Czech Republic,
Hungary and Romania. The deal, which was announced in May, is
currently being reviewed by European Union antitrust
authorities.
Write to Adria Calatayud at
adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
April 04, 2019 13:41 ET (17:41 GMT)
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