Issued by Wind Acquisition Finance, a Luxembourg-based wholly-owned subsidiary of Italian telecom company, Wind Telecomunicazioni, the issue was composed of two notes denominated in euros and US dollars, for amounts of EUR 1.75 billion and USD 2.8 billion respectively. The notes will mature in 2021 and pay interest of 7% for the euro notes and 7.375% for the dollar notes.

This issue is a refinancing of the company’s existing debt, including a 2009 issue that was also listed in Luxembourg.

The Luxembourg Stock Exchange is the leading European exchange for the listing of high-yield bonds.