Home Telefonica Deutschland issues dual-tranche promissory note loan using Blockchain

Keywords :   

Telefonica Deutschland issues dual-tranche promissory note loan using Blockchain

2018-01-11 13:36:00| Telecompaper Headlines

(Telecompaper) Telefonica Deutschland announced it has issued a promissory note loan that combines traditional financing with a tranche using Blockchain technology. The promissory note loan carries a target volume of EUR 200 million and was issued with DZ Bank and the Landesbank Baden-Wuerttemberg (LBBW). The Blockchain tranche of the euro-denominated dual-tranche note loan has a tenor of slightly longer than one year, while the traditional component will likely have a tenor of 7 to 15 years, said Telefonica Deutschland.

Tags: note issues deutschland loan


Latest from this category

All news

25.04Twitter Q1 profit beats expectations, revenues grow 21%
25.04Comcast makes GBP 22 billion formal bid for Sky
25.04Globacom signs deal with Huawei to deploy Glo2 fibre cable in southern Nigeria
25.04Indian mobile operators agree to merge tower operators Bharti Infratel, Indus Towers
25.04America Movil revenue, EBITDA fall on forex effects, underlying results higher
25.04Altaba fined USD 35 mln by SEC for late Yahoo data breach disclosure
25.04Nokia: We must deliver ubiquitous service for gigabit access
25.04Bharti Airtel sees catastrophic drop in Q1 profits
Telecommunications »
25.04Kushners' Loan for Troubled N.J. Site Backed by Web Lender
25.04Subway Plans 500 U.S. Store Closings Amid Global Growth
25.0410 Must Reads for the CRE Industry (April 25, 2018)
25.04Takeaways from Day Two at WasteExpo 2018
25.04Computhink Contentverse
25.04Ademero Content Central
25.04DocuWare Cloud
More »