Nordic Business Report-April 20, 2006-NTCH commences private offering of TDC A/S shares
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Danish telecomms group TDC A/S said on Wednesday (19 April) that Nordic Telephone Company Holding ApS (NTCH), which through its direct subsidiary Nordic Telephone Company ApS (NTC) owns and controls 88.2% of the share capital of TDC, was commencing a private offering of notes, with NTCH as the sole obligor.
TDC also released preliminary information on its first quarter results.
Based on currently available information TDC estimates its revenue for the first quarter of 2006 to be higher than for the first quarter of 2005 before adjustment for acquisitions and divestments of enterprises.
Further, TDC also estimates its operating profit (EBITDA) before special items for the first quarter of 2006 to be higher than for the first quarter of 2005 before adjustment for acquisitions and divestments of enterprises.
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