Telecom Italia shrugs off downgrade with tightly priced 6-year
10 Apr 2019The Italian telecoms incumbent sold EUR1bn 5-year notes at 2.875% – compared to a EUR1.25bn 5-year trade in early January at 4.125%.
The issuer has been sub-investment grade with both Moody’s and S&P since 2013 and recently lost its final
