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IN BRIEF: Vodafone closes $1.2 billion debt securities offering

ALN

Vodafone Group PLC - Berkshire, England-based telecommunications company - Closes $1.20 billion debt securities offering. Includes $700.0 million, 5.625% notes due February 2053, and $500.0 million, 5.750% notes due February 2063.

Vodafone intends to use the $1.18 billion net proceeds to fund the tender offer of three notes: its 5.250% notes due May 2048; 4.375% notes due February 2043; and 5.000% notes due May 2038.

Current stock price: 91.60 pence, up 0.4% in London on Friday afternoon

12 month change: down 34%

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