Martin Todd, co-manager of Hermes Sourcecap European Alpha, chooses five of his favourite stocks for long-term growth in ‘triple zero’ Europe. European equities have been in the sweet spot so far in 2015, with the asset class supported by a number of tailwinds – such as the falling euro, lower oil price and the implementation […]
Italy’s largest telecommunications operator Telecom Italia announced consolidated net loss of €674m in 2013, which reflected a smaller impairment loss on goodwill for €2.2bn on its domestic business.
Telecom Italia has elected to early redeem all of its outstanding subordinated hybrid securities denominated €750m Capital Securities due 2073, issued last 13 March 2013.
Italy’s Telecom Italia has issued a seven-year bond for €1bn aimed at institutional investors.