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Green shoe exercised: opera notes increased to € 2.5 billion

04/12/2001 - 12:00 PM

Telecom Italia announces that today the underwriters of the OPERA Notes exchangeable for TIM or Seat Pagine Gialle ordinary shares ("Opera Notes"), launched last January 29, have exercised their option ("green shoe") to purchase an additional € 500 million principal of the OPERA Notes. The total size of the issue will therefore equal € 2.5 billion.