EsatBT to buy back bonds

EsatBT has said that it intends to buy back €334.5m worth of bonds it issued in a bid to save up to €21m annually in interest payments.

EsatBT to buy back bonds
Mon, 26 Aug, 2002 - 11:56

EsatBT has said that it intends to buy back €334.5m worth of bonds it issued in a bid to save up to €21m annually in interest payments.

The bonds it intends to buy back are euro bonds that were due to reach maturity in 2008 and 2009.

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CourtstechnologyHeathrowPerson: Bill MurphyOrganisation: EsatBTOrganisation: EBITDAOrganisation: BT
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