Moody's Investors Service ("Moody's") has today assigned a Ba2 rating to Telefonica Europe B.V.'s €750 million backed issuance of undated, deeply subordinated, guaranteed fixed rate reset securities (the "green hybrid debt"), which are fully and unconditionally guaranteed by Telefonica S.A. (Telefon...
Rating Action: Moody's assigns Ba2 rating to Telefonica's new undated hybrid securities. Global Credit Research- 17 Nov 2021. Madrid, November 17, 2021-- Moody's Investors Service has today assigned a Ba2 rating to Telefonica Europe B.V.' s E750 million backed issuance of undated, deeply subordinated, guaranteed fixed rate reset securities, which are fully and unconditionally guaranteed by Telefonica S.A. on a subordinated basis.
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