Bond Telecom Italia Spa 4.5% ( XS1020952435 ) in EUR
Issuer | Telecom Italia Spa | ||
Market price | 100 % ▼ | ||
Country | ![]() |
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ISIN code |
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Interest rate | 4.5% per year ( payment 1 time a year) | ||
Maturity | 24/01/2021 - Bond has expired | ||
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Minimal amount | 100 000 EUR | ||
Total amount | 1 000 000 000 EUR | ||
Detailed description |
Telecom Italia is a major telecommunications company operating primarily in Italy, offering fixed-line and mobile telephony, broadband internet, and pay television services. This financial article provides a comprehensive overview of a specific debt instrument, precisely identified by its International Securities Identification Number (ISIN) XS1020952435, which was categorized as a fixed-income obligation. The esteemed issuer of this bond is Telecom Italia, a prominent Italian telecommunications conglomerate with a long-standing history and significant operational footprint, providing a wide array of fixed-line, mobile, and internet services across Italy and internationally, serving as a key player in the European telecommunications sector. Originated from Italy, this particular bond was denominated in Euro (EUR) and featured a competitive annual coupon rate of 4.5%, ensuring regular income for its holders. The total issuance size for this instrument was substantial, reaching EUR 1,000,000,000, reflecting the significant capital sought by the issuer, with a minimum purchase amount set at EUR 100,000 per lot to facilitate institutional and high-net-worth investor participation. While its last reported market price stood at 100% of its par value, signifying stability prior to its final phase, it is crucial to note that this bond reached its scheduled maturity on January 24, 2021, and has since been fully redeemed, confirming the complete repayment of principal to all investors and marking the successful conclusion of its financial lifecycle. |