Obligation Telecom Italia 3% ( XS1497606365 ) en EUR

Telecom Italia

95.82 % ▼

Italie

XS1497606365 ( en EUR )

3% par an ( paiement annuel )

29/09/2025

Prospectus brochure de l'obligation Telecom Italia XS1497606365 en EUR 3%, échéance 29/09/2025

100 000 EUR

1 000 000 000 EUR

30/09/2024 ( Dans 138 jours )

L'Obligation émise par Telecom Italia ( Italie ) , en EUR, avec le code ISIN XS1497606365, paye un coupon de 3% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 29/09/2025

FINAL VERSION
FINAL TERMS
28 September 2016
TELECOM ITALIA S.p.A.
Issue of 1,000,000,000 3.00 per cent. Notes due 30 September 2025
under the 20,000,000,000
Euro Medium Term Note Programme

PART A CONTRACTUAL TERMS
Terms used herein shall be deemed to be defined as such for the purposes of the Terms and
Conditions of the Notes (the Conditions) set forth in the EMTN Programme Prospectus dated 8
July 2016 and the supplements to it dated 8 July 2016 and 12 September 2016 which together
constitute a base prospectus for the purposes of Directive 2003/71/EC, as amended (the
Prospectus Directive) (the EMTN Programme Prospectus). This document constitutes the Final
Terms of the Notes described herein for the purposes of Article 5.4 of the Prospectus Directive and
must be read in conjunction with the EMTN Programme Prospectus. Full information on the Issuer
and the offer of the Notes is only available on the basis of the combination of these Final Terms
and the EMTN Programme Prospectus. The EMTN Programme Prospectus has been published at
www.telecomitalia.it and www.bourse.lu and copies may be obtained free of charge from the Issuer
at its registered office. In addition, the EMTN Programme Prospectus will be available from the
specified office of each of the Paying Agents.

1.
(a)
Series Number:
38

(b)
Tranche Number:
1

(c)
Date on which the Not Applicable
Notes
will
be
consolidated and form
a single Series:
2.
Specified
Currency
or Euro ()
Currencies:
3.
Aggregate Nominal Amount of
Notes admitted to trading:

(a)
Series:
1,000,000,000

(b)
Tranche:
1,000,000,000
4.
Issue Price:
99.806% of the Aggregate Nominal Amount
5.
(a)
Specified
100,000 and integral multiples of 1,000 in excess
Denominations:
thereof up to and including 199,000. No Notes in
definitive form will be issued with a denomination
above 199,000

(b)
Calculation Amount:
1,000

6.
(a)
Issue Date:
30 September 2016

(b)
Interest
Issue Date
Commencement Date:
7.
Maturity Date:
30 September 2025
8.
Interest Basis:
3.00% Fixed Rate
(further particulars specified below)
9.
Redemption/Payment Basis:
Subject to any purchase and cancellation or early
redemption, the Notes will be redeemed on the Maturity
Date at 100% of their nominal amount
10.
Change of Interest Basis:
Not Applicable
11.
Put/Call Options:
Not Applicable. See paragraphs 16/17 below
12.
Date
Board
approval
for 15 February 2016
issuance of Notes obtained:
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
13.
Fixed Rate Note Provisions:
Applicable

(a)
Rate(s) of Interest:
3.00% per annum payable in arrear on each Interest
Payment Date

(b)
Interest
Payment Annually on 30 September in each year from and
Date(s):
including 30 September 2017 up to and including the
Maturity Date

(c)
Fixed
Coupon 30.00 per 1,000 Calculation Amount
Amount(s) for Notes in
definitive form (and in
relation to Notes in
global
form
see
Conditions):

(d)
Broken Amount(s) for Not Applicable
Notes
in
definitive
form (and in relation to
Notes in global form
see Conditions):

(e)
Day Count Fraction:
Actual/Actual (ICMA)

(f)
Determination Date(s):
30 September in each year
14.
Floating Rate Note Provisions:
Not Applicable
15.
Zero Coupon Note Provisions:
Not Applicable
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PART B OTHER INFORMATION
1.
LISTING AND ADMISSION TO TRADING
(i)
Listing and Admission to Application has been made by the Issuer (or on its
trading:
behalf) for the Notes to be admitted to trading on
the Luxembourg Stock Exchange's regulated
market and listed on the Official List of the
Luxembourg Stock Exchange with effect from 30
September 2016.
(ii)
Estimate of total expenses 5,530
related to admission to
trading:
2.
RATINGS
The Notes to be issued are expected to be rated:
Standard & Poor's Credit Market Services France
S.A.S.: BB+ (stable)
Moody's Investors Service Espaa, S.A.: Ba1
(negative)
Fitch Ratings Ltd.: BBB- (stable)
Each of Standard & Poor's Credit Market Services
France S.A.S., Moody's Investors Service Espaa,
S.A. and Fitch Ratings Ltd. is established in the
European Union and is registered under
Regulation (EC) No. 1060/2009 (as amended)(the
CRA Regulation).
3.
INTERESTS OF NATURAL AND LEGAL PERSONS INVOLVED IN THE ISSUE
Save for the fees payable to the Managers, so far as the Issuer is aware, no person involved
in the issue of the Notes has an interest material to the offer. The Managers and their
affiliates, including parent companies, have engaged, and may in the future engage, in
financing, investment banking and/or commercial banking transactions with, and may
perform other services for, the Issuer and its affiliates in the ordinary course of business.
4.
YIELD
3.025 per cent. per annum
5.
HISTORIC INTEREST RATES
Not Applicable
6.
OPERATIONAL INFORMATION
(i)
ISIN:
XS1497606365
(ii)
Common Code:
149760636
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(iii)
Any clearing system(s) other Not Applicable
than
Euroclear
and
Clearstream
Luxembourg
and
the
relevant
identification number(s):
(iv)
Delivery:
Delivery against payment
(v)
Names and addresses of Not Applicable
additional Paying Agent(s)
(if any):
(vi)
Deemed delivery of clearing Any notice delivered to Noteholders through the
system
notices
for
the clearing systems will be deemed to have been
purposes of Condition 14:
given on the second business day after the day on
which it was given to Euroclear and Clearstream,
Luxembourg.
(vii)
Intended to be held in a Yes. Note that the designation "yes" simply means
manner which would allow that the Notes are intended upon issue to be
Eurosystem eligibility:
deposited with one of the ICSDs as common
safekeeper and does not necessarily mean that the
Notes will be recognised as eligible collateral for
Eurosystem monetary policy and intra-day credit
operations by the Eurosystem either upon issue or
at any or all times during their life. Such
recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have
been met.
7.
DISTRIBUTION

(i)
Method of distribution:
Syndicated
(ii)
If syndicated, names of Banca IMI S.p.A.
Managers:
Deutsche Bank AG, London Branch
Mediobanca Banca di Credito Finanziario S.p.A.
Morgan Stanley & Co. International plc
Commerzbank Aktiengesellschaft
ING Bank N.V.
The Royal Bank of Scotland plc
Banco Santander, S.A.
UBS Limited
(iii)
Date
of
Subscription 28 September 2016
Agreement:
(iv)
Stabilisation Manager(s) (if Not Applicable
any):
(v)
If non-syndicated, name of Not Applicable
relevant Dealer:
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(vi)
U.S. Selling Restrictions:
Reg. S Compliance Category 2; TEFRA D Rules

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