TIM Green

A set of initiatives to improve the environmental efficiency of our products, from the use of sustainable materials to the reduction of energy consumption. Read more

Latest press releases

Read the latest press releases and search the archives of TIM Group's Press Office.

TIM and LGBT+ people: the road to inclusion

Our presence at the Pride events, our collaboration with Parks, Valentina' story , LGBT+ wife and mother. Read more

Living in the cloud with TIM

Cloud computing allows anyone to access maximum potential in processing power, paving the way for endless applications. Read More

Telecom Italia: Euro 5 billion bond roadshow kick-off next week

03/27/2001 - 12:00 PM

Telecom Italia today announces that next week the Company will undertake a roadshow to present to the European financial community its plans to issue shortly a eurobond in an amount of approximately EUR 5 billion in the near future.

The eurobond will be issued under the USD 10 billion Global Medium Term Note program (the "GMTN Program"), approved by the Company´s Board of Directors and first announced to the market last October and first utilized in January with the issuance of Euro 2 billion 5 year notes exchangeable into TIM and SEAT Pagine Gialle ordinary shares.

The proceeds of the eurobond issue will be utilized to refinance existing short-term facilities, and will therefore not result in additional net, new indebtedness.

The issue will be the first straight debt obligation issued by the Company, which has, heretofore, relied primarily on bank financing. The transaction is part of Telecom Italia´s strategy to lengthen the maturity and diversify of the investor base.

JPMorgan, Lehman Brothers and Morgan Stanley Dean Witter will be joint bookrunning lead managers of the proposed Eurobond and are co-arrangers of the GMTN Program.