Royal KPN NV (GB:0O8F) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Royal KPN NV is set to issue a €500 million Green Hybrid Bond to fund eco-friendly projects, in line with its sustainability goals. The bond, treated as half equity and half debt by credit agencies, will also be used to manage the firm’s hybrid capital and reduce interest costs. Additionally, KPN has launched a tender offer to repurchase €500 million in outstanding perpetual hybrid capital securities.
For further insights into GB:0O8F stock, check out TipRanks’ Stock Analysis page.
