Orders for Intesa's dual-tranche bond top $3 bln-sources

MILAN Mon Jan 7, 2013 9:47am EST

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MILAN Jan 7 (Reuters) - Italian bank Intesa Sanpaolo has received orders for more than $3 billion for a dual-tranche bond denominated in U.S. dollars, sources close to the operation said on Monday.

One of the sources said the orders were evenly spread between the three-year and five-year tranches, with a slight preference for the latter.

The deal is expected to be priced later today.

(Reporting by Gabriella Bruschi, editing by Stephen Jewkes)

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