Intesa bond seen yielding up to 315 bps over US Treasuries-sources

MILAN Mon Jan 7, 2013 11:44am EST

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MILAN Jan 7 (Reuters) - The guidance for the three-year tranche of a dollar-denominated bond to be issued by Italian bank Intesa Sanpaolo is 275-280 basis points over the yield of equivalent U.S. Treasury bonds, sources close to the operation said on Monday.

For the five-year tranche, the guidance is 310-315 basis points over comparable Treasuries, the sources said.

The deal is expected to be priced later today.

(Reporting By Gabriella Bruschi)