Telefónica

Telefónica sells its data centers to reduce debt

Banc Sabadell | Telefonica will decide in the coming days between the binding and final offers it has on the table, namely Digital Realty, Equinix and Brookfield’s. The price would be around 500/600 million euros. The Spanish tech company has 23 data centers in 9 countries.


Telefonica ever closer to selling its Central American subsidiary

High acceptance (72%) of Telefonica’s hybrid bonds

Renta 4 | Telefónica has announced the result of the repurchase of the 2 hybrid bonds which it issued on 5 March. The nominal aggregate value which Telefónica will accept to purchase the bonds has reached 934.7 million euros, of which 586.5 million euros corresponds to the bond with maturity in December 2019 and 348.2 million euros with maturity in March 2020.








Telefónica Q1'18 results

Telefonica 2016 Profit Almost 4 Times Higher Yr-On-Yr; Cuts Debt 1.2%

Telefonica posted profit of 2.369 billion euros in 2016, up 3.8% from a year earlier. Last year’s figure reflected non-recurrent items, mainly a 1.290 billion euros charge in the fourth quarter related to restructuring costs. Excluding that charge, profits rose 4.8% to 4.038 billion euros year-on-year.


US corporate debt rose to 45% of GDP at the peak of the Great Financial Crisis

Why Have Corporate Debt Issues Soared At The Start Of 2017?

The start of a new year is normally a good time for corporate debt issues, although in the first few days of 2017 there have been a greater number of these than in previous years due to the ECB’s purchase programme.  According to Bloomberg, in the first few days of January European companies and banks have issued almost 50 billion euros of debt, double the amount issued in the same period of 2016.