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LONDON - BT Finance plc announced Tuesday that no market stabilisation measures were undertaken for its recently issued €850 million bond offering, according to a statement from J.P. Morgan Securities PLC, which served as the stabilisation coordinator.
The seven-year senior unsecured bonds were issued under Regulation S format with guarantees from British Telecommunications public limited company and BT Group plc. The securities are listed on the London Stock Exchange's Main Market.
The bonds were priced at 99.528% of face value. The offering was managed by a consortium of financial institutions including J.P. Morgan Securities PLC as the stabilisation coordinator, alongside BNP PARIBAS, Goldman Sachs International, Lloyds, and Société Générale as stabilisation managers.
This announcement follows the pre-stabilisation period announcement made on November 10, 2025. Stabilisation refers to the practice where underwriters may intervene in the market to support the price of newly issued securities.
The bonds were issued in bearer form under Category 2, TEFRA D regulations, and structured as a New Global Note (NGN).
The information was disclosed in a regulatory filing to the London Stock Exchange's Regulatory News Service (RNS).
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