UniCredit issues bonds worth €750 mln

Rome-based UniCredit, the strategic investor at Pekao has issued 10.5 year bonds valued at €750 million, the company reported. "More than 150 institutional investors became interested in the transaction (mainly funds - 90 percent of the final allocation). Records on the the amount of more than €1.5 billion were passed by investors from the UK/Ireland (about 57 percent), Italy (approx. 20 percent), France (11 percent) and Switzerland (approx. 4 percent)," a statement read. The securities will be traded on the Luxembourg Stock Exchange. UniCredit owns thousands of branches distributed over 17 countries and 50 markets. It has over 28 million clients around the world. The lender has been listed on the Warsaw bourse since 2007.