Post by BNP Paribas CIB

Telekom Srbija has completed a EUR500 million, EUR300 million and USD1.35 billion triple-tranche issuance, representing their inaugural EUR-denominated deal, as well as their return to the USD market for the first time since October 2024.   The transaction received a positive investor reception, marking the largest ever CEE HY corporate bond offering.   Telekom Srbija Group, is one of the largest telecommunications operators in Southeast Europe, serving almost 12 million users. BNP Paribas acted as a Joint Lead Manager for the transaction, underscoring the Bank’s support of corporate issuers from the region. Alexis Taffin de Tilques Borys Matiash Matt Doherty Marius Gherghel Dusan Milcic Michal Kwiatkowski, CFA Robin Hupin Laura Girard Alice Wilson Lisa Orlova Ananya Khurana Paolo Bassoli Vikas Katyal Pierre Bonin