Spain's Telefonica opens books on bond
MADRID May 14 (Reuters) - Telefonica, Europe's biggest telecoms provider by revenue, opened books on a six-year euro-denominated benchmark bond on Tuesday, IFR Markets, a Thomson Reuters news and markets analysis service, reported.
Books opened at 175 basis points to 180 basis points over mid-swaps, IFR said. Telefonica mandated Bank of America Merrill Lynch, Caixabank, Mediobanca, Royal Bank of Scotland, Santander and UBS To handle the issue, according to the service. (Reporting by Clare Kane; Editing by David Holmes)
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