France Telecom has raised $2 billion through a two-part sale of bonds, Reuters reports. The first tranche of $1 billion notes, which carry a coupon rate of 2.75 percent, will mature on Sept. 14, 2016.
The second tranche of $1 billion notes, carrying a coupon rate of 4.125 percent, will be due on Sept. 14, 2021. Bank of America Corp., Citigroup and J.P. Morgan were joint book runners for the offering.
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