Telefonica to Issue EU1.5B of Mandatory Convertible Bonds

GS is doing it

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BN 09/10 15:51 *TELEFONICA TO ISSUE EU1.5B OF CONVERTIBLE BONDS

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Telefonica to Issue EU1.5B of Mandatory Convertible Bonds 2014-09-10 15:54:11.38 GMT

By Esteban Duarte Sept. 10 (Bloomberg) -- Co. says Goldman Sachs International, Morgan Stanley, UBS and Bank of America Merrill Lynch to manage transaction. * Co. comments in regulatory filing

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To contact the reporter on this story: Esteban Duarte in Madrid at +34-91-700-9606 or eduarterubia@bloomberg.net

To contact the editor responsible for this story: Angeline Benoit at +34-91-700-9617 or abenoit4@bloomberg.net