Telefonica Aktie
WKN: 874715 / ISIN: US8793822086
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28.11.2014 18:29:00
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Telefonica Europe B.V. -- Moody's assigns Ba1 rating to Telefonica's new EUR 850 million perpetual 5 Year Non-Call hybrid securities
Madrid, November 28, 2014 -- Moody's Investors Service has today assigned a Ba1 long-term rating to Telefonica Europe B.V.'s proposed issuance of "Undated 5 Year Non-Call, Deeply Subordinated, Guaranteed Fixed Rate Reset Securities " (the "hybrid debt"), which are fully and unconditionally guaranteed by Telefonica S.A. (Telefonica) on a subordinated basis. The outlook on the ratings is negative. The size of the hybrid securities is EUR 850 million. All other ratings of Telefonica and its guaranteed subsidiaries, as well as the negative outlook on those ratings, remain unchanged.
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