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Unitymedia talks €350 million 10-year notes to yield in 5¾% area
By Paul A. Harris
Portland, Ore., April 11 - German cable operator Unitymedia is talking a €350 million offering of 10-year notes with a yield in the 5¾% area, according to a sellside source in Europe.
Citigroup, Credit Agricole, ING, Royal Bank of Scotland, SG CIB and UBS are the leads.
The notes come with five years of call protection.
The Koln, Germany-based company plans to use the proceeds for general corporate purposes.
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