| Deals of the year: Tech and telecoms illustrate the ups and downs of 2000 Author: Jennifer Morris Issuer: France TelecomDeal: e5.4 billion equivalent Eurobond: e1.4 billion FRN due 2003 (E+43), e1 billion five-year (E+67), e1.4 billion 10 year (E+90), £500 million five-year (G+140), £450 million 20-year (G+245)Date: October 26 2000Bookrunners: Morgan Stanley Dean Witter, Deutsche Bank, BNP Paribas, Barclays Last year record numbers of European telecom companies tapped the bond markets. Although France Telecom’s issue wasn’t the biggest – that prize goes to Deutsche Telekom’s $14 billion deal in July – it set new standards in terms of the size achievable in the Eurobond market. France Telecom did not include a dollar tranche, relying instead on the appetite of investors in Europe.
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