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TELSTRA TO SELL 2013 BONDS UNDER EURO PROGRAM.

AsiaPulse News

| March 02, 2005 | COPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, March 2 Asia Pulse - Telstra Corp Ltd (ASX:TLS) today said it will sell $A500 million ($US392.7 million) of November 2013 bonds under its eight billion euro (US$10.5 billion) debt issuance program.

The bonds will pay a fixed rate coupon of 6.25 per cent and be priced tomorrow.

The marketing range is 35 basis points to 37 basis points over the average mid-point of the ...

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