January 29, 2014 / 6:36 AM / 4 years ago

Telecom Italia to redeem 750 mln euro hybrid bond

MILAN, Jan 29 (Reuters) - Italian telecoms group Telecom Italia said on Wednesday it had decided to redeem ahead of time an outstanding hybrid bond worth 750 million euros ($1.02 billion).

The bond, issued a year ago, was due in 2073.

$1 = 0.7319 euros Reporting by Lisa Jucca

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