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Telefonica Europe B.V.   -  51XL   

Exercise of Issuer Call

Released 11:07 27-Jul-2018

RNS Number : 0224W
Telefonica Europe B.V.
27 July 2018
 

Telefónica Europe B.V.

EUR 1,125,000,000 Undated 5 Year Non-Call Deeply Subordinated Guaranteed Fixed

Rate Reset Securities (of which EUR 473,300,000 in aggregate principal amount is

currently outstanding) (the "Securities")

(ISIN: XS0972570351)

unconditionally and irrevocably guaranteed on a subordinated basis by Telefónica, S.A.

 

Exercise of Issuer Call

 

Telefónica Europe B.V. hereby announces that, on 18 September 2018, it will exercise its  Issuer call option pursuant to Condition 6(b) (Redemption and Purchase - Issuer's Call Option) of the Securities and redeem all of the outstanding Securities. The Securities will be redeemed at their aggregate principal amount together with any accrued interest.

 

Following such redemption, a request will be made for the cancellation of the listing of the Securities on the Official List of the United Kingdom Listing Authority and the admission to trading of the Securities on the London Stock Exchange, respectively.

 

Terms used in this Notice, but not defined herein, shall have the meaning given to such terms in the terms and conditions of the Securities.

 

This announcement contains inside information for the purposes of the EU Market Abuse Regulation (EU) 596/2014. In accordance with the above and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Carlos David  Maroto Sobrado and Maria Christina van der Sluijs-Plantz of Telefónica Europe B.V.

 

Date: 27 July 2018

 

 

 

Telefónica Europe B.V.


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Exercise of Issuer Call - RNS