Tuesday, 10 July 2007

Telefonica Raised $247 Million Selling Its First Samurai Bonds in Japan

(Bloomberg) -- Telefonica SA, Spain's biggest
telephone company, raised 30 billion yen ($247 million) selling
yen-denominated bonds in Japan for the first time.

Telefonica, based in Madrid, sold 15 billion yen of five-year
bonds which will pay interest of 2.11 percent, according to data
compiled by Bloomberg. The company also sold 15 billion yen of
floating-rate notes with the same maturity.


Read more at Bloomberg Currencies News

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