By Laura Contemori – ROME (Econostream) – Zegona Finance, the owner of Vodafone Spain, on Friday priced and allocated a €1.1 billion senior secured notes maturing in January 2032.

The bond carries a 4.25% coupon and a yield of 4.25%, equivalent to a spread of 163bp over the February 2032 German government bond (DBR). The issue price was 100%.

Settlement is scheduled for July 14, 2026.

BNP Paribas, Crédit Agricole CIB, Deutsche Bank, Goldman Sachs Bank Europe SE and UniCredit acted as global coordinators and physical bookrunners. BBVA, DNB Carnegie, ING, Natixis and Santander were global coordinators and joint bookrunners.

AXIA, Banco Sabadell, Barclays, Citigroup, IMI – Intesa Sanpaolo, J.P. Morgan, Mediobanca, MUFG, RBC Capital Markets, SMBC acted as joint bookrunners.