We contribute to the sustainable development of the countries where we operate, with innovative network infrastructures and digital services, sharing our skills and know-how. 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

TIM: €750 million long 7-years bond issue

The company re-opens the market of Italian corporate issuers financing itself significantly below its average cost of debt.

06/21/2018 - 06:02 PM

TIM has successfully launched the issue of a €750 million fixed-rate bond offered to institutional investors with one of its lowest coupon ever for a Euro-denominated bond.

The yield of the bond, equal to 2.876%, is largely below the Group’s average cost of debt (4.6% at the end of March 2018). 

The proceeds of the new issue will be used to optimize and refinance forthcoming debt maturities.


Details are:

Issuer: Telecom Italia S.p.A.

Amount: Euro 750 million

Settlement date: 28 June 2018

Maturity: 28 January 2026

Coupon: 2.875%

Issue price: 100.000%

Redemption price: 100.000%

The actual yield to maturity of 2.876%, corresponds to a yield of 226.1 basis points above the reference rate (mid swap).

The notes will be issued under the Group’s Euro 20 billion EMTN programme and will be listed on the Luxembourg Stock Exchange.

Milan, 21 June 2018  


Press Release (66 KB)

67 KB