TIM S.p.A. successfully completed the EUR400 million tap issue of the bond issued on 27 January 2023 (coupon interest of 6.875% and maturing on 15 February 2028). In this deal, Allen & Overy advised Goldman Sachs acting as sole book manager and bookrunner.
The bond, which increases the total nominal value of the issue to EUR1 billion and EUR250 million, matures on 15 February 2028, pays coupon interest of 6.875% and has been listed on the Euro MTF – Professional Segment market of the Luxemburg Stock Exchange.
Allen & Overy advised on this transaction with a team led by partners and co-heads of the Italian International Capital Markets practice Cristiano Tommasi and Craig Byrne, together with senior associate Sarah Capella, assisted by trainee Francesco Laurenti. Counsel Elia Ferdinando Clarizia advised on tax-related aspects.
A team from our London office coordinated by partner Matthias Baudisch also assisted on the deal.
