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Deutsche Telekom Intl Fin launches $1.5 bln 2 part sale

Mon Jun 15, 2009 11:11pm IST
 
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NEW YORK, June 15 (Reuters) - Deutsche Telekom International Finance BV on Monday launched its $1.5 billion two-part note sale, said IFR, a Thomson Reuters service.

The offering includes $750 million in five-year notes expected to yield 225 basis points over comparable U.S. Treasuries and $750 million in 10-year notes expected to yield 237.5 basis points over Treasuries.

The notes are guaranteed by Deutsche Telekom AG (DTEGn.DE: Quote, Profile, Research).

The joint book managers on the sale are Barclays and Citigroup Global Markets. (Reporting by Caryn Trokie)

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