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| 0.2224 EUR | -1.33% |
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CAPRI Italy (Reuters) - Telecom Italia debt will be below 19.84 billion pounds at the end of this year if a mandatory convertible bond is considered as equity capital, the CEO said on Thursday.
"Considering as of now the effect of the mandatory convertible, the debt at the end of the year will be below 25 billion," Marco Patuano said.
In November last year the telecoms group issued a mandatory bond worth 1.3 billion euros, expiring November 2016.
(Reporting by Alberto Sisto, editing by Stephen Jewkes)
| 1st Jan change | Capi. | |
|---|---|---|
| -24.41% | 5.18B | |
| +9.26% | 197B | |
| +3.83% | 166B | |
| -0.37% | 115B | |
| -1.68% | 92.72B | |
| +18.72% | 73.08B | |
| -0.57% | 57.5B | |
| -5.07% | 50.83B | |
| -14.46% | 39.78B | |
| -33.83% | 38.22B |
TELECOM ITALIA S.P.A. 
