2010
02.01
02.01
The company announced today the launch of the bond placement and 175 million euros, which will be mainly aimed at financing the European fiber optic backbone. The issuance of variable-rate non-callable, has a coupon of 325 bps Euribor three months and an issue price of 99.15 and re-offered. The yield is then re-offered at a price of up to 345 pb Euribor, perfectly in line with the fork of 340-350 pb announced on 14 June 2000. The issue, addressed to all European investors, has produced a strong demand in all markets in which it was submitted, allowing to significantly increase the amount from 150 million originally forecast at 175 million. Taking over the operation are the Italian Commercial Bank and Banca IMI.