Telefónica's Green Bond Issuance and Earnings Upgrade: What it Means for Shareholders

Telefónica, a telecommunications company, has issued €2.65 billion in green bonds and hybrid securities to strengthen liquidity and ease balance sheet pressure. The move has led to an earnings estimate upgrade and a Zacks Rank #2 rating, indicating improving expectations and sustainable funding tools. While the issuance may support network and digital expansion, investors should be aware of Telefónica's still-stretched balance sheet and leverage concerns.