Italy's UniCredit to sell USD Tier 2 bond

Tue Apr 23, 2013 10:00am EDT

LONDON, April 23 (IFR) - Italy's UniCredit, rated Baa2/BBB+/BBB+, said on Tuesday it plans to sell a US dollar denominated Tier 2 subordinated bond, having mandated BNP Paribas, Citi and UniCredit as lead managers.

The Reg S 10-year bond, which will have a one time call in five years' time, could price as soon as Wednesday, one of the banks managing the deal said.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.