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Telenet to Raise EU175 Mln Selling Floating-Rate Debt Due 2018

February 08, 2012, 1:16 PM EST

By John Martens

Feb. 8 (Bloomberg) -- Telenet Group Holding NV said its Luxembourg-based subsidiary plans to raise 175 million euros from a sale of floating-rate debt due in December 2018 that will pay interest of 350 basis points above the euro interbank offered rate.

Link to Statement:{NSN LZ353R3PWT1C <GO>}

To contact the editor responsible for this story: John Martens at jmartens1@bloomberg.net

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