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CREDIT SUPPLY: ISPIM Final Terms: MS+148bp (8bp NIC), Books c.3x Covered

CREDIT SUPPLY

Intesa (ISPIM: Baa3/BBB-/BBB-) final terms are MS+148bp (we had FV MS+140bp), books are above EUR4.3bn (were EUR2bn) and sized at EUR1.5bn. So, 8bp NIC and nearly 3x coverrelatively solid, we feel.

  • “FINAL TERMS: Intesa Sanpaolo EU1.5b 8NC7 SNP MS+148” - BBG
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Intesa (ISPIM: Baa3/BBB-/BBB-) final terms are MS+148bp (we had FV MS+140bp), books are above EUR4.3bn (were EUR2bn) and sized at EUR1.5bn. So, 8bp NIC and nearly 3x coverrelatively solid, we feel.

  • “FINAL TERMS: Intesa Sanpaolo EU1.5b 8NC7 SNP MS+148” - BBG