Say what you like about Telecom Italia, but the telecoms giant sure has significant reserves of brio. No sooner had the French Treasury issued its €6 billion inaugural 50-year bond – to a rapturous reception – than Telecom Italia became the first corporate to plunge headfirst into the 50-year space with an €850 million issue.
Telecom Italia had already fearlessly led the euro-denominated market into the 30-year space back in 2003. That was a rocky ride at first, and this year’s adventures in the
The week on Risk.net, July 7-13, 2018Receive this by email