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| KPNQwest NV |
| 77 Polaris Avenue, Hoofddorp, Netherlands JH 2132 |
| Business Description | The company is a joint venture by Dutch telecommunications company Royal KPN NV and Qwest Communications International Inc. The company has constructed two fiber optic rings known as EuroRings, that connect 10 European cities, including London, Amsterdam, Dusseldorf, Frankfurt, Paris and Brussels. |
| Offering Information Company has | |||
| Trading As | KQIP (NASNTL) | Industry | Telecommunications (SIC 4812) |
| Type of Stock Offered | Class C Common Shares | Filing Date | 10/22/1999 |
| Domestic Shares Offered | 44,000,000 | Offer Date | 11/10/1999 |
| Foreign Shares Offered | 0 | Filing Range | $18.73 - $21.41 |
| Company Shares | 44,000,000 | Offer Price | $20.81 |
| Selling Shrhldrs Shares | 0 | Gross Spread | - - |
| Gross Proceeds | $915,639,977 | Selling | - - |
| Expenses | - - | Reallowance | - - |
| Post-IPO Shares | - - | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Morgan Stanley Dean Witter | Lead Manager | (212) 761-5900 |
| ABN Amro Roth | Co-manager | (212) 314-1080 |
| Goldman, Sachs & Co. | Co-manager | (212) 902-5959 |
| Salomon Smith Barney | Co-manager | (212) 723-7300 |
| Warburg Dillon Read LLC | Co-manager | (203) 719-3000 |
| Use Of Proceeds |
The proceeds from the proposed offering will be used to fund expansion of KPNQwest's planned European data network. |