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NEW 30YR BTPS - Guidance. Books open +7bps....>

ITALY
ITALY: NEW 30YR BTPS - Guidance. Books open +7bps area
- IOIs are in excess of 38bn (incl. 3.75bn JLM interest)
Size: EUR Benchmark
Settlement: 22-Jan-2020 (T+5)
Maturity: 01-Sep-2050
Coupon: Fixed, S/A ACT/ACT, First full coupon on 1st March 2020
Guidance: BTPS 3.85 09/01/49 + 7bps area
Bookrunners: Barclays / BNP Paribas (B&D/ DM)/ Citi/ CACIB/ MPSCS
Timing: Books are open. Today's business.
- IOIs are in excess of 38bn (incl. 3.75bn JLM interest)
- From market source

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