NEW YORK-Deutsche Telekom launched the largest-ever global corporate bond issue valued at about $13.5 billion. The carrier plans to use the proceeds to buy third-generation mobile licenses and make acquisitions, according to international press reports.
The deal was launched as five-, 10- and 30-year debt.
Previously, the largest bond issue was by Tecnost International, a unit of Olivetti, used to acquire Telecom Italia last year.
