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Telefónica taps market for US$500m amid rising political risk in France

Connectivity BusinessbyConnectivity Business
April 25, 2017
in Financing, Space Services, Strategy and Markets
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Spain’s Telefónica priced US$500m of reopened 5.213% 30-year bonds amid decent demand as interest rates continue at historic lows and appetite for riskier assets remains ripe. The deal fell against a backdrop of bond investors’ continued reach for yield amid continued global central bank accommodation, as well as rising uncertainties over the outcome of French political elections. […]

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Tags: Bank of America Merrill LynchCitigroupEuropeHaitongKKRMischler Financial GroupO2PremiumTelefónicaTelxiusTF255
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