Analysts laud Olivetti for plan, not timing

Article Abstract:

Industry analysts believe that Olivetti SpA's newest fund-raising strategy will probably help the company's long-term debt problems. The company is launching a 2.59 billion euros to 3.2 billion euros debt offering.

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Olivetti may launch capital increase in November

Article Abstract:

Olivetti S.p.A. may launch its capital increase in November 2001, depending on shareholder approval. The company's capital increase is valued at 4 billion euros.

Computer Services NEC, Computer Systems Design and Related Services, Computer related services, not elsewhere classified, Computer services industry, Information technology services industry, Information technology services

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Olivetti sets mark with launch of 1.25-billion-Euro bond issue

Article Abstract:

Olivetti SpA sold a 1.25 billion ($1.45 billion) Euro bond. The 10-year debt is the largest corporate bond to be sold in the euro-denominated market. Italian investors provided the majority of the cash for the bond offering. Olivetti's bonds were offered at 99.615 and a spread of 142 basis points. Olivetti is well-known among investors in Italy, although it is not rated.

Comment:

Sells 1.25 billion ($1.45 billion) Euro bond

United States, Abstract

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