Sonaecom Says Completes Sale of 20 Million Euros in Bonds

Sonaecom, owner of Portugal’s smallest mobile-phone operator, said it completed the sale of 20 million euros of private placement bonds with a maturity of three years.

“The funds drawn from this financing will be used for general corporate purposes,” Sonaecom said in a regulatory filing in Lisbon today.

To contact the reporter on this story: Henrique Almeida in Lisbon at halmeida5@bloomberg.net

To contact the editor responsible for this story: Henrique Almeida at halmeida5@bloomberg.net

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