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Telefónica prices €1bn perpetual bond days after announcing divestment plans

Connectivity BusinessbyConnectivity Business
September 8, 2016
in Financing, Space Services
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Telefónica’s Dutch unit Telefónica Europe has priced €1bn (US$1.13bn) worth of undated, deeply subordinated perpetual securities. The Spanish incumbent said in a stock exchange filing that the guaranteed fixed rate securities priced at par and will accrue interest at 3.75% per annum from the issue date until 15 March 2022.  Telefónica’s (MAD:TEF) Dutch unit Telefónica Europe […]

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