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Deutsche Telekom International launches $1.5 bln notes

Mon Aug 11, 2008 2:26pm EDT

NEW YORK, Aug 11 (Reuters) - Deutsche Telekom International Finance BV on Monday launched $1.5 billion notes in a two-part sale, said International Financing Review.

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The sale includes $650 million in five-year notes expected to yield 2.65 percentage points over U.S. Treasuries and $850 million in 10-year notes expected to yield 2.75 percentage points over Treasuries.

The joint lead managers on the sale are Banc of America Securities, Credit Suisse and Lehman Brothers. (Reporting by Caryn Trokie, Editing by Chizu Nomiyama)

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