Telecom Italia has launched offers to repurchase bonds of various maturities up to an amount of two billion euros. A note from the telephone group announces it.
Hereinafter “the invitation, addressed to eligible Holders of their own Notes denominated, respectively, “€1,250,000,000 5.250 per cent. Notes due February 2022” (Notes due February 2022); “€1,000,000,000 4.500 per cent. Notes due January 2021” (the Notes maturing in January 2021); “€1,000,000,000 4.875 per cent. Notes due September 2020” (Notes due September 2020); “€1,000,000,000 4.000 per cent. Notes due January 2020” (the Notes maturing in January 2020); “€1,250,000,000 5.375 per cent. Notes due January 2019” (Notes due January 2019); “€750,000,000 6.125 per cent. Notes due December 2018” (Notes due December 2018); “€750,000,000 4.750 per cent. Notes due May 2018” (the Notes maturing in May 2018); “€1,000,000,000 4.500 per cent. Notes due September 2017” (Notes due September 2017); and “€1,000,000,000 7.000 per cent. Notes due January 2017” (the Notes due January 2017 and, together with the Notes due February 2022, the Notes due January 2021, the Notes due September 2020, the Notes due January 2020, the Notes due January 2019, the December 2018 Notes, the May 2018 Notes and the September 2017 Notes, the Notes and each a Series), to offer its Notes for repurchase by the Company for cash consideration (such invitation in respect of all the Series, the Offers and each an Offer) up to an aggregate nominal value of the Notes which may be repurchased up to a maximum of €2.000.000.000”.
