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General

Italy's Wind Tre issues record EUR 7.3 bln secured bond

Thursday 26 October 2017 | 12:20 CET | News
Wind Tre, the new operator emerging from the 50-50 joint venture between Veon's Wind and Hutchison's 3 Italia, has completed the largest euro high-yield debt sale on record, issuing a secured bond in five tranches amounting to EUR 7.3 billion, with investor orders topping EUR 25 billion. The successful issue will allow Wind Tre to refinance debt at lower costs and optimise its financial structure as it prepares for renewed competition arising from the forthcoming entry into the Italian market of France's Iliad.

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Categories: General
Companies: 3 Italia / Iliad / Veon / Wind Tre
Countries: Italy
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