Tesco and Verizon announce dual currency tender offers

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Tesco and Verizon announce dual currency tender offers

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UK grocer Tesco and US telecoms company Verizon both announced tender offers for some of their outstanding bonds in euros and sterling. Tesco is offering to buy up to £700m equivalent, while Verizon will confirm the size of its repurchase once it has sold new euro and sterling bonds.

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