Telecom Italia Plans Euro Benchmark Jan 2017 Bond
October 13 2011 - 4:14AM
Dow Jones News
Telecom Italia (TIT.MI) is planning a euro-denominated,
benchmark long five-year bond, one of the banks leading the sale
said Thursday.
Initial price guidance is in the area of 7.25% yield, equivalent
to 505 basis points over midswaps.
BNP Paribas SA, Deutsche Bank AG, Citigroup Inc, Mediobanca Spa,
Intesa Sanpaolo Spa, Credit Suisse AG and Banco Bilbao Vizcaja
Argentaria SA are lead managers on the deal.
-By Serena Ruffoni, Dow Jones Newswires, +44 (0) 207 842
9349;
serena.ruffoni@dowjones.com
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