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Orders for Intesa's dual-tranche bond top $3 bln-sources
January 7, 2013 / 2:51 PM / 5 years ago

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

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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