IFLR1000

Telecom Italia €1 billion 2.5% EMTN issue

12/1/2017
Investment grade bond/note issue
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€ 1 billion

$ 1.063 billion

Completed

12/1/2017

Overview:

  • Telecom Italia has issued €1 billion in notes under its €20 billion EMTN programme.
  • The 2.5% notes, due 2023, were listed on the Luxembourg Stock Exchange.
  • Banca IMI, BBVA, BNP Paribas, Crédit Agricole, Credit Suisse, HSBC, Mediobanca, The Bank of Tokyo Mitsubishi UFJ, Natixis, Société Générale and UniCredit acted as joint lead managers.
  • The funds raised will be used to refinance debt.

Sam Duke - Editor

Jurisdiction:

Italy

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Italy

Industry sector:

Banking

Firms:
Allen & Overy

Party: Banca IMI (Joint lead manager)

Party: BBVA (Joint lead manager)

Party: BNP Paribas (Joint lead manager)

Party: Crédit Agricole (Joint lead manager)

Party: Credit Suisse (Joint lead manager)

Party: HSBC (Joint lead manager)

Party: Mediobanca (Joint lead manager)

Party: The Bank of Tokyo-Mitsubishi UFJ (Joint lead manager)

Party: Natixis (Joint lead manager)

Party: Société Générale (Joint lead manager)

Party: Unicredit (Joint lead manager)

Lawyers: Craig Byrne, Cristiano Tommasi

Linklaters

Party: Telecom Italia (Issuer)

Lawyer: Linda Taylor

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