11 de noviembre de 2016 / 17:36 / hace 10 meses

BRIEF-Telecom Italia details terms of mandatory bond conversion

Nov 11 (Reuters) - Telecom Italia Spa says:

* 1.3 bln euros, 6.125 percent Guaranteed subordinated mandatory convertible bonds due 2016 will convert on Nov.15

* bonds to convert according to a conversion ratio equal to 131,018.75372 into 1,702,850,712 newly issued Telecom Italia ordinary shares

* New shares to represent around 11.2 percent of the ordinary share capital of Telecom Italia, or eight percent on afully diluted basis. Further company coverage: (Reporting by Milan newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below