Strong Connection or Faulty Line: Vodafone Spain Debuts in LevFin Primary Markets

Date: July 8, 2024

Mark Chapman – Head of Media/Telecom, CreditSights

Shoshanna Harrow – Senior Director, Covenant Review

Luke Millar – Global Editor-in-Chief, LevFin Insights

Summary

We provide a comprehensive analysis on Zegona’s strategy for introducing Vodafone Spain to the levfin primary market.

Topics of discussion include:

Ready to make it rain in Spain? A look at Zegona’s plans for Vodafone Spain and whether it can be the next Euskaltel.
The support of market technicals versus fundamentals on likely pricing.
Most commonly asked questions on the covenant package and how it compares to market averages.

Filter

2026 Municipals Outlook

January 30, 2026

EMEA LevFin Outlook 2026

January 15, 2026