Skip to content
Advertisement

Business

UniCredit issues € 1 bn bonds

12:19

UniCredit issued five-year and one-month maturity bonds worth €1 milliard. Coupon rate was set at 100 bp over 3 months Euribor. Issue price was 99.75 percent, Puls Biznesu daily informed.

UniCredit bank AG, JP Morgan, Mediobanca, Nomura and UBS were book runners jointly.

“There were as much as 140 institutional investors placed subscription valued of €1.5 billion. The allocation was as follows: funds (54 pct), banks (34 pct), insurance companies (10 pct), Italy (30 pct), France (23 pct), Spain/Portugal (19 pct), the UK/Ireland (13 pct), German/Austria (9 pct),” was reported.

The Italian lender has been listed on WSE since 2007. It is a strategic Pekao Bank shareholder.

http://forsal.pl/gielda/artykuly/846572,unicredit-wyemitowal-obligacje-o-wartosci-1-mld-euro.html

More from Business All