News Column

Italy : TELECOM ITALIA publishes 10-year bond for USD 1.5 BILLION

May 24, 2014

A 10-year bond for USD 1.5 billion has been published by Telecom Italia.

The proceeds of which would be utilized for general corporate purposes such as the refinancing of maturing debt.

The issue marks the company's return to the US debt capital market after a 5-year absence and the operator said that it had secured better terms for this issue than the 10-year bond issued in the Euro market.

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Source: TendersInfo (India)

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