KPN Takes First Hurdle to Bolster Balance Sheet With Bond Sale

KPN Takes First Hurdle to Bolster Balance Sheet With Bond Sale

Jock Fistick/Bloomberg

A selection of smartphones sit on display inside a Royal KPN NV store as customers browse mobile phone tariffs on a computer screen in The Hague, Netherlands. The Dutch carrier is seeking to raise capital to cope with the rising costs of maintaining high-speed networks for devices like Apple Inc.’s iPhone.