Iberdrola

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Bond markets are (sort of) open to peripheral issuers

Iberdrola and Telecom Italia were on Thursday able to issue debt in the primary market, in bonds for a total amount of €600mn at four years and €750mn  at five years, respectively. According to analysts at Banco Santander “issuers took advantage of a perhaps passing opportunity to place debt, long before the critical dates of the European Counci