No. of Recommendations: 0
I was looking at Telefonica bonds. Company is 3rd largest phone carrier in the world, is based in Spain but gets more revenue from South America than from Spain. Now clearly Europe has problems, but this company seems to be okay from what I can find with my research. Of course I do not have access to any research that is not out there on the internet for the general public. Any recommendations on how to make a guesstimate as to whether Telefonica will be around in 4 years and able to pay back the bond, as well as make the interest payments along the way? TIA
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