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Poland's TPSA to reduce international borrowing from 2002

Polish telecoms group TPSA, which competed a €500m ($457m) Eurobond on Friday morning, is to ease off its international bond programme from 2002.

The group's latest Eurobond, managed by Schroder Salomon Smith Barney, Deutsche Bank and SG Securities, priced Friday morning at a yield of 6.77% and at a spread of 218 basis points over German government bonds.

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