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Telefonica Europe calls all €243.6 million outstanding perpetuals
By Marisa Wong
Los Angeles, Feb. 13 – Telefonica Europe BV announced it plans to redeem all of its outstanding undated six-year non-call deeply subordinated guaranteed fixed-rate reset securities (ISIN: XS1050460739) guaranteed by Telefonica, SA.
There is €243.6 million of the original €750 million principal amount outstanding.
The notes will be redeemed at par plus accrued interest.
The telecommunications group is based in Madrid.
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