Telecom Italia
The company has successfully diversified its sources of funding in the past 12 months
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Reducing the debt burden Net debt of Telecom Italia, €mn |
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Telecom Italia (TI) courted controversy when it became the first corporate to issue a 50-year bond in the euro-denominated market in March this year, but whatever the view on that issue, its benchmark offerings in sterling, dollars and euros, as well as its jumbo loan in the past year, have set important precedents for the company and the market.
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