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Appendix V: Interest-Bearing Debt (Tables)
 12 Months Ended
Dec. 31, 2023
Appendix V: Interest-Bearing Debt [Abstract]  
Schedule of Interest-Bearing Debt
Interest-bearing debt arranged or repaid in 2023 mainly includes the following:
DescriptionLimit 12/31/2023(*) (million euros)CurrencyOutstanding balance 12/31/2023 (million euros)Arrangement dateMaturity dateDrawndown 2023 (million euros)Repayment 2023 (million euros)
Telefónica, S.A.
Sustainable syndicated (1)
5,500 EUR— 03/15/201801/13/2027— — 
Bilateral loan— EUR125 12/23/202206/15/2033125 — 
Bilateral loan — EUR150 02/14/202309/29/2033150 — 
Telefónica Brasil, S.A.
Bilateral loan— USD— 04/04/202209/28/2023— 199 
Telefónica Móviles Chile, S.A.
Bilateral loan— USD— 04/17/202009/29/2023— 133 
Bilateral loan— USD116 08/22/202308/22/2026116 — 
Bluevia Fibra S.L.U.
Syndicated (2)
360 EUR250 11/16/202212/20/202810 (5)
Telxius Telecom, S.A.
Syndicated (3)
— EUR— 12/01/201712/01/2024— 201 
Syndicated (4)
145 EUR100 12/01/202312/01/2028100 — 
(1) The first one year extension option of the 5,500 million euros syndicated credit facility of Telefonica, S.A., was executed on January 13, 2023 and the second one year extension option on January 13, 2024. The facility had two annual extension options at Telefónica, S.A. request, with a maximum maturity up to 2029.
(2) On December 20, 2023 the first one year extension of the Bluevía Fibra S.L.U syndicated facility for 360 million euros was executed. The facility has two annual extension options at Bluevía Fibra S.L.U request with a maturity maximum up to 2029.
(3) On December 1, 2023 there was early cancellation on the Telxius Telecom, S.A, syndicated facility signed on 2017.
(4) The facility has two annual extension options at Telxius Telecom, S.A, request with a maturity maximum up to 2030.
(*) Undrawn limit.
The main debentures and bonds issued by the Group in 2023 are as follows:
   Nominal (millions) 
ItemDateMaturity DateCurrencyEurosCurrency of issuanceCoupon
Telefónica Emisiones, S.A.U.
EMTN Bond (1)
11/21/202311/21/2033850 850 EUR4.183 %
Telefónica Móviles Chile, S.A.
Internacional Bond (1)
08/18/202308/18/20283 114 UFCUFC + 4.7339%
(1) Internacional and sustainable bonds and debentures (See Note 29. d)
The main financing transactions at December 31, 2023 and 2022 and their nominal amounts are as follows:
   Outstanding principal balance  
   (millions of euros)  
Descriptive name summaryCurrent limit (millions)Currency12/31/202312/31/2022Arrangement dateMaturity date
Telefónica, S.A
Structured Financing (*)— USD— 12 02/22/201301/31/2023
Structured Financing (*)— USD— 27 08/01/201310/31/2023
Structured Financing (*)150 USD136 223 12/11/201503/11/2026
Structured Financing (*)101 EUR101 161 12/11/201503/11/2026
Sustainable syndicated (1)5,500 EUR— — 03/15/201801/13/2028
Bilateral loan— EUR150 150 09/26/202212/15/2032
Bilateral loan— EUR125 — 12/23/202206/15/2033
Bilateral loan— EUR150 — 02/14/202309/29/2033
Telefónica Brasil, S.A.
Bilateral loan— USD— 199 04/04/202209/28/2023
Telefónica Germany GmbH & Co. OHG
EIB Financing— EUR108 183 06/13/201606/13/2025
Sustainable syndicated750 EUR— — 12/17/201912/17/2026
EIB Financing (Tranche 1)— EUR300 300 12/18/201906/18/2029
EIB Financing (Tranche 2)— EUR150 150 01/14/202007/14/2029
Colombia Telecomunicaciones, S.A. E.S.P.
Bilateral loan500,000 COP118 97 07/06/202103/19/2025
Telxius Telecom, S.A.
Syndicated (2)— EUR— 201 12/01/201712/01/2024
Syndicated (3)145 EUR100 — 12/01/202312/01/2028
Bluevia Fibra S.L.U.
Syndicated (4)360 EUR250 245 11/16/202212/20/2028
Telefónica Móviles Chile, S.A.
Bilateral loan— USD— 133 04/17/202009/29/2023
Bilateral loan129 USD116 — 08/22/202308/22/2026
(1)The first one year extension option of the 5,500 million euros syndicated credit facility of Telefonica, S.A., was executed on January 13, 2023 and the second one year extension option on January 13, 2024. The facility had two annual extension options at Telefónica, S.A. request, with a maximum maturity up to 2029.
(2) On December 1, 2023 there was early cancelation on the Telxius Telecom, S.A, syndicated facility signed on 2017.
(3) The facility has two annual extension options at Telxius Telecom, S.A,  request with a maturity maximum up to 2030.
(4) On December 20, 2023 the first one year extension of the Bluevía Fibra S.L.U syndicated facility for 360 million euros was executed. The facility has two annual extension options at Bluevía Fibra S.L.U request with a maturity maximum up to 2029.
(*) Facility with amortization schedule, showing in the column "Current limit" the undrawn amount.