news blog from Flora

New Issue-Telefonica prices 1.0 bln euro 2016 bond

Borrower Telefonica Emisiones SAUGuarantor Telefonica SAIssue Amount 1.0 billion euroMaturity Date February 3, 2016Coupon 4.967 pctYield 4.973 pctReoffer price ParSpread 310 basis pointsUnderlying govt bond Over Mid-swaps, equivalent to 393.7 bpsover the February 2016 OBL 159Payment Date November 3, 2011Lead Manager(s) Banca IMI, Deutsche Bank, Societe Generale CIB &UBSRatings Baa1 (Moody’s)Listing LondonDenoms (K) 100Notes Launched under issuer’s EMTN programmeISIN XS069685647Security details and RIC, when available, will beonCustomers can right-click on the code forperformance analysis of this new issueFor ratings information, double click onFor all bonds data, double click onFor Top international bonds newsFor news about this issuer, double click on the issuer RIC,where assigned, and hit the newskey (F9 on Reuters terminals)Data supplied by International Insider.

Zambia miners at NFC Africa strike again over pay

About 2,000 workers at NFC Africa Mining, majority-owned by China Nonferrous Metals Mining Corporation, first went on a strike earlier this month demanding higher wages. ($1 = 5005.000 Zambian Kwachas)

UPDATE 1-Spanish Peaks files for Chapter 7

The Big Sky, Montana-based company listed about 100 to 199 creditors in the court filing.The limited liability company’s resort has a golf course and a private ski lift.The case is in re: Spanish Peaks Holdings, U.S. Bankruptcy Court District of Delaware, No. 11-13300.