Deutsche Telekom Plans 12-Year Euro Benchmark Bond

7th Jul 2010 08:37

LONDON (Dow Jones)--Deutsche Telekom International Finance BV, guaranteed by Deutsche Telekom AG (DTE.XE), is planning to issue a 12-year, euro-denominated, benchmark bond, one of the banks running the deal said Wednesday. Deutsche Bank AG, Royal Bank of Scotland Group PLC, and UniCredit SpA are acting as joint-lead managers. Pricing is expected later Wednesday. The issuer is rated Baa1 by Moody's Investors Service, and BBB+ by Standard & Poor's Corp. and Fitch Ratings. -By Mark Brown, Dow Jones Newswires; + 44 (0)207 842 9485, [email protected] (END) Dow Jones Newswires July 07, 2010 03:37 ET (07:37 GMT)