Vodafone lawsuit hurts Telecom Italia CDS

08/6/2013 | International Financing Review (free content)

Telecom Italia, facing a lawsuit from Vodafone, is seeing five-year credit default swaps hit their widest level since September, reaching 400 basis points. "While disputes between telecoms operators are relatively frequent, the timing of this announcement is unhelpful for Telecom Italia," according to a note from Mizuho.

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International Financing Review (free content)

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