Seeking Alpha
  • Rubicon Associates
    TELEFONICA (TEF) SAYS CANCELS DIVIDEND AND SHARE BUYBACK FOR 2012
    7/25/12
    Reply (6)
    • poclerk: Mike, I was looking at some Telefonica Emisiones debt today. Is this the same company?
      7/25/12
    • Caiman Valores: Thanks, Mike was about to put that up myself. The end game is one step closer for TEF. They still haven't come clean on their asset sales.
      7/25/12
    • Tack: CV: What does "end game" mean?
      7/25/12
    • Rubicon Associates: poclerk, it is the same company
      7/26/12
    • Caiman Valores: Tack I mean it is getting close to mgmt having to disclose the company structure going forward including asset sales and debt.
      7/26/12
    • Rubicon Associates: I see TEF 4/13's trading to yield 4.20% - might be something here for short maturity debt.
      7/26/12