Telecom Italia, Gasunie complete very different buybacks

Telecom Italia and Nederlandse Gasunie have both completed their bond buybacks, with outcomes that differed widely in price and take-up.

  • 16 Jul 2012

While the Italian telecoms company recovered €777m of bonds, more than its €500m target, Gasunie got €284.3m, about 62% of the €460m it had hoped to retrieve.

Both deals had been launched on Friday July 6. On that day, Gasunie, the Dutch gas transmission company, also launched a new ...

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2 BNP Paribas 19,882.59 80 6.24%
3 Barclays 18,647.73 58 5.86%
4 Deutsche Bank 17,562.97 71 5.51%
5 Citi 17,352.89 69 5.45%