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Telefónica Issues 750 Million Euro Notes to Bolster Financial Strategy

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Telefónica Issues 750 Million Euro Notes to Bolster Financial Strategy

Confident Investing Starts Here:

Telefonica ( (ES:TEF) ) has issued an update.

Telefónica, through its subsidiary Telefónica Emisiones, has issued 750 million euros in notes under its EMTN Program, maturing in 2035 with a 3.941% annual coupon. This move signifies Telefónica’s strategic financial maneuver to strengthen its market position and ensure long-term operational stability, with the notes expected to be traded on Euronext Dublin.

The most recent analyst rating on (ES:TEF) stock is a Hold with a EUR4.00 price target. To see the full list of analyst forecasts on Telefonica stock, see the ES:TEF Stock Forecast page.

More about Telefonica

Telefónica, S.A. is a major telecommunications company operating globally, providing a range of services including fixed and mobile telephony, broadband, and digital solutions. It focuses on enhancing connectivity and digital transformation across various markets.

Average Trading Volume: 11,498,718

Technical Sentiment Signal: Buy

Current Market Cap: €26.71B

See more data about TEF stock on TipRanks’ Stock Analysis page.

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