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General

Telefonica closes EUR 894 mln debt repurchase

Thursday 21 May 2020 | 10:27 CET | News
Telefonica has announced the closure of four debt repurchase issues launched last week. In a statement to Spanish securities market regulator CNMV, the company said it acquired bonds worth EUR 894 million, equivalent to 19.23 percent of the total value of the four outstanding debt instruments (EUR 4.65 billion). Telefonica added that all bonds repurchased in the transaction launched to "proactively manage" its senior debt and liquidity will be amortised.

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Categories: General
Companies: Telefonica
Countries: Spain
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