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Telecom Italia shrugs off downgrade with tightly priced 6-year

10 Apr 2019


The 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

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