Do you have any spare change, maybe a billion Euro? Telekom Austria’s search for refinance money

27 Jun 2003

Telekom Austria is attempting to raise money for the refinance of its 25% minority stake in cellular operator Mobikom Austria. Although a Telekom Austria spokesman said they weren’t sure how much or when, he did confirm it might be up to EUR 1 billion. In its first step towards an introduction on the bond market, the company is currently seeking a credit rating from the two main rating agencies, Moody’s and Standard & Poor’s.

Austria, A1 Telekom Austria, A1 Telekom Austria Group