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Telefónica issues debut US$3.5bn notes in US market since financial crisis

Connectivity BusinessbyConnectivity Business
March 2, 2017
in Financing, Space Services
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Spain’s Telefónica sold US$3.5bn of senior notes in two parts via funding vehicle Telefónica Emisiones amid foreign exchange tailwinds and attractive US interest rates. The telco’s issuance marks its return to the US debt capital market for the first time since the 2008 financial crisis. It is also the first time that a Spanish company has been […]

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