Radio Televisione Italiana, the state owned public radio and television broadcaster, has listed its first debt instrument on the Irish Stock Exchange (ISE). The €350m 1.5% notes due 28 May 2020 are admitted to Main Securities Market (MSM).
Radio Televisione Italiana (RAI) is an Italian broadcasting company, owned by the Italian Ministry of Economy and Finance. It is the biggest television broadcaster in Italy with 15 television and 7 radio channels nationwide.
This corporate debt listing joins a number of Italian companies listing on the MSM including Fiat Chrysler, Prada, Enel, Mediobanca, Telecom Italia and Banca IMI.