A long-term engagement

Corporate profile


Telecom Italia single-handedly established a new frontier in the European corporate debt market in March with the issuance of a €850 million 50-year bond. Encouraged by investor demand and the success of France's €6 billion 50-year sovereign deal in February, the Baa2/BBB+ rated Italian corporate took the opportunity to secure long-term funding at just 5.25%. Investors, it seems, were willing to take on more duration risk in exchange for additional yield.

But investor appetite was quickly tes

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: