09/21/2023 TIM SpA (Telecom Italia) (TITIM) EUR750m add-on to its 7.875% Reg S bearer sr notes due 07/31/28 (4.75y). NCL (MWC B+50bp) (3mo par call). Equity claw: 40% at any time at 107.875. B1/B+/BB- (negative/negative/negative). Via BNP/GS/UniCredit jt books. List Lux. English law. Settles 07/28 (T+5). Temporary ISIN: XS2696040851. Fungible after 40 days with the EUR750m issue (ISIN: XS2637954582) that priced 07/12/23. Priced: 7.875% add-on at 102.00, yield 7.37%. UOP: repay its short term debt and GCP. Biz: Leading information and communications technology (ICT) provider in Italy and Brazil. HQ: Milan, Italy.