{"id":801037,"date":"2024-04-05T10:43:21","date_gmt":"2024-04-05T10:43:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2024\/04\/05\/telecom-italia-signs-1-6-bln-loan-to-raise-liquidity-before-network-sale\/"},"modified":"2024-04-05T10:43:21","modified_gmt":"2024-04-05T10:43:21","slug":"telecom-italia-signs-1-6-bln-loan-to-raise-liquidity-before-network-sale","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/04\/05\/telecom-italia-signs-1-6-bln-loan-to-raise-liquidity-before-network-sale\/","title":{"rendered":"Telecom Italia signs $1.6 bln loan to raise liquidity before network sale"},"content":{"rendered":"<p>Telecom Italia (TIM) signed a 1.5-billion-euro ($1.62 billion) bridge loan to strengthen its liquidity before the closing of the planned sale of its fixed network to KKR, the phone group said on Friday.<\/p>\n<p>&#8220;The transaction is aimed at covering refinancing needs until the closing date of the sale of NetCo, and has terms in line with market benchmarks,&#8221; TIM said in the statement.<\/p>\n<p>The loan has a maturity of 18 months and the bookrunners are BNP Paribas, Credit Agricole CIB, Deutsche Bank, J.P. Morgan, Santander e Unicredit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Telecom Italia (TIM) signed a 1.5-billion-euro ($1.62 billion) bridge loan to strengthen its liquidity before the closing of the planned sale of its fixed network to KKR, the phone group said on Friday. &#8220;The transaction is aimed at covering refinancing needs until the closing date of the sale of NetCo, and has terms in line with market benchmarks,&#8221; TIM said in the statement. The loan has a maturity of 18 months and the bookrunners are BNP Paribas, Credit Agricole CIB, Deutsche Bank, J.P. Morgan, Santander e Unicredit.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-801037","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/801037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=801037"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/801037\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=801037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=801037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=801037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}