TITR Telecom Italia

PRESS RELEASE
The Securities referred to in this press release have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This announcement shall not constitute an offer to sell nor a solicitation of an offer to buy these securities.

TELECOM ITALIA: SUCCESFULLY LAUNCHES EUR 750 MILLION HYBRID BOND First Telecom Italia subordinated bond issue on the Euro market as part of the 3 billion Euro program announced to the market on February 8th
Milan, 13 March 2013 Telecom Italia has successfully launched a Euro 750 million subordinated bond ("hybrid bond") offered to institutional investors. The bond has a tenor of 60 years with final maturity in 2073 with a first call date for the issuer in 2018. The quality of the order book allowed Telecom Italia to price the issue at a lower yield than the initial guidance. Telecom Italia expects the rating agencies to assign to the hybrid issuance an equity content equal to 50% of the notional issued. Issuer: Telecom Italia S.p.A. Ranking: Subordinated, senior to share capital only Amount: Euro 750 million Settlement date: 20 March 2013 Maturity: 20 March 2073 Coupon to first call: 7.75% fixed, annual Issue price: 99.499% Call schedule: At par on 20 March 2018 and every 5 years thereafter Coupon step ups: 25 bps in 2023 plus an additional 75bps in 2038 The effective yield to the first call date is 7.875%. The notes will be listed on the Luxembourg Stock Exchange.

+39 06 3688 2610 http://www.telecomitalia.com/media

Telecom Italia Ufficio Stampa

Telecom Italia Investor Relations
+39 02 8595 4131 www.telecomitalia.com/investorrelations

Grafico Azioni Telecom Italia (BIT:TITR)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Telecom Italia (BIT:TITR)
Storico
Da Lug 2023 a Lug 2024