September 05, 2024 10:31 GMT
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 cover – relatively solid, we feel.
- “FINAL TERMS: Intesa Sanpaolo EU1.5b 8NC7 SNP MS+148” - BBG
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