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France Telecom Raises $2B In Bond Sale

France Telecom has raised $2 billion through a two-part sale of bonds.

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.

Click here for the story from Reuters.

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