Exchange Offer for TDC's EUR 750,000,000 6.50% Notes due 2012
Today, TDC A/S announces an invitation to holders (subject to certain offer
restrictions) of its outstanding EUR 750,000,000 6.50% Notes due 2012, of which
EUR 713,389,000 is currently outstanding (the Existing Notes) to offer to
exchange up to EUR 300,000,000 of the Existing Notes for Euro-denominated Fixed
Rate Notes due 2015 to be issued by TDC (the Exchange Offer). The Exchange
Offer is made on the terms and subject to the conditions set out in an Exchange
Offer Memorandum dated November 30, 2009.
The purpose of the Exchange Offer is to capitalise on current favourable market
conditions to manage efficiently the refinancing of the Existing Notes and
lengthen TDC's debt maturity profile.
For further information (only available in English) on the Exchange Offer
reference is made to TDC's stock exchange announcement to the Luxembourg Stock
Exchange of today published on the Luxembourg Stock Exchange's website at
www.bourse.lu. The Exchange Offer is not being made into Italy or the United
States and other restrictions also apply as set out the Exchange Offer
Memorandum.
Noteholders are advised to read carefully the Exchange Offer Memorandum for
full details of and information on the procedures for participating in the
Exchange Offer.
TDC A/S
Teglholmsgade 1-3
0900 Copenhagen C
tdc.com
