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ITALY dual tranche


Issuer: Republic of ItalyRatings: Baa3 (stable) / BBB (stable) / BBB- (stable) / BBBH (neg)

  • Tranche: Tap BTPS 0 ¼ 03/15/28 | New 1 Mar 2072 (50-yr)
  • Size: EUR Benchmark | EUR Benchmark
  • Coupons: 0.25% SA ACT/ACT | Fixed SA ACT/ACT
  • First coupon: Full first (09/15/2021) | Full first (09/01/2021)
  • Maturity: 15 March 2028 | 01 March 2072Settlement: 14/04/2021 (T+5)
  • Guidance: BTP +12bps area | BTP + 50bps area
  • Reference: BTPS 0.95 09/27 | BTPS 1.7 09/01/51
  • ISIN: IT0005433690 | TBC (Immediately Fungible)
  • Bookrunners: Barclays, BofA Securities, J.P. Morgan (B&D / DM), Société Générale and UniCreditDocs: Domestic, Standalone
  • Listing: Borsa Italiana S.p.A. (M.O.T.) (Regulated Market), also trading on MTSDenoms / Law: €1k+€1k/Italian Law
  • Target market: The target market for the Bonds is eligible counterparties,professional and retail (all distribution channels)
  • Timing: Books are open. Today's business.
  • (from market source)

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