Telecom Italia (TI) has announced plans to issue new debt and use part of the proceeds to buy back older bonds to refinance its debt ahead of maturity. According to a report from Reuters, the buyback offer is aimed at four bonds, one each due in 2015 and 2016, and two others due in 2017. The bonds have a combined value of around EUR3.35 billion (USD4 billion).
Telecom Italia plans new debt issue
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10 May 2023
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