Telecom Italia to issue 5-year senior unsecured notes

Telecom Italia is gearing up to issue a batch senior unsecured notes to refinance short-term debt, according to a term sheet seen by Reuters on Thursday.

Goldman Sachs and JPMorgan are leading the efforts, with BNP Paribas, Credit Agricole, UniCredit, Sumitomo Mitsui Banking Corporation (SMBC) and Mitsubishi UFJ Financial Group (MUFG) acting as joint bookrunners. Nasdaq