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15y BTPei: Priced

EGB SYNDICATION
  • Size: E4bln (in line with MNI expectations)
  • Reoffer: 99.674 / 2.439%
  • Books closed in excess of E23.8bln (inc E2bln JLM interest)
  • Spread set earlier at 0.10% May-33 BTPei RY +27bps (ref: 81.62 / 2.169%)
  • Guidance was revised to 0.10% May-33 BTPei RY +29bps area then +28bps (+/-1bps WPIR)
  • Coupon: 2.40%
  • Maturity: 15-May-2039
  • Settlement: 30-May-2023 (T+5)
  • Bookrunners: Barclays, Citi (DM/B&D), Deutsche Bank, J.P. Morgan, Société Générale
  • ISIN: IT0005547812
  • Timing: Priced, TOE 14:03BST / 15:03CET
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