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New May-36 BTPei: Spread set

EGB SYNDICATION
  • Size: EUR Benchmark (MNI expects E4-5bln)
  • Books in excess of E35bln (inc E3.1bln JLM interest)
  • Spread set at 0.10% May-33 BTPei RY +23 bps (Guidance was +25 bps area)
  • Maturity: 15 May 2036
  • Settlement: 26 March 2024 (T+5)
  • Coupon: Fixed, S/A ACT/ACT (full first coupon on 15 May 2024 accruing from 15 November 2023)
  • ISIN: IT0005588881
  • Bookrunners: BBVA, BofA Securities, Citi (B&D/DM), HSBC and Société Générale
  • Timing: Books to close at 10:15GMT / 11:15CET
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